Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

When using the 1031 it will restrict the amount you have to spend on a new property.

That could be achieved without spending an inordinate additional amount in cap ex; In fact all I have seen had these items in common1.

Please protect yourself and vet your contractors thoroughly.Feel free to reach out if you would like to talk further.Wishing you best of luck with your investment journey!

Usually unless you’re willing to spend a bunch of money on marketing it will take a while to organically grow your network. 2.

Readers should seek professional advice.Great responses hereHowever, full site visits, though more expensive, maximize tax savings by capturing every depreciable asset and offer better audit protection....This post does not create a CPA-Client relationship.

I didn't spend $100 on both machines.

Consider whether an LLC is right for you—it can provide liability protection but isn’t essential for a single property, as personal liability insurance and an umbrella policy may suffice.

If yes, then the other partners can just do a JV agreement internally which you can record at closing that allows you to still “partner” up on it but allowing the lender to still be protected if anything goes wrong with the deal or people borrowing. 

He gives us the contracts and training to protect ourselves.