This enabled me to "build it right" because I quickly learned what were fair prices for things.

If moving anywhere enables or enhances your ability to achieve your goals and objectives, you move.

After years of reading books, articles, forums, listening to podcasts, youtube, attending seminars and webinars, I've made myself (credit score) attractive to lenders and have been approved for a first time home owner loan, FHA.I've been obsessing over my local market for over a year and now that I can actually participate in it is exciting...so much so that my judgement is periodically impaired by emotional enthusiasm, luckily however, all the previous education has enabled me to level out and think critically on the numbers and locations.The problem I face now is that all of the properties currently on the MLS are all the leftover scraps that have forever remained on the market and are terrible choices in everyway.

This economic model is where technology enables people to get what they need from each other rather than centralized institutions-- think of Uber or Airbnb.

This enables them to adapt their portfolio to changing market conditions and capitalize on emerging opportunities.Considerations and Rules:Like-Kind Requirement:Replacement properties must be of like-kind, but this term is broad in real estate.

Just thought I'd pop in and say hi :) Im a professional computer geek, musician and general net nerd :)

It can be a meaningful difference because it enables me to write off $25K in rental loss per year AFTER I have reached the higher tax bracket.  

As of November 9, about one month after the 90 day challenge podcast, I was able to close on a 4 unit apartment that would double my cash flow, enable me to value-add equity to the property, and BRRRR out my money into the minor updates this spring.

Obviously my career has enabled me to purchase some real estate on the side.

If the whole property, PLUS rehab costs are being bought with all hard money, then where is your equity that will enable you to find 'proper' lenders later?