You need a real good mgmt. company to get it done for you.

Purchase price: $160,000 Cash invested: $45,000 Ended up buying the property after getting to know the owners who were cleaning up when I went over to ask them permission to cut down the leaning branches toward their roof.

I would visit local meetups for real estate investing, and also network with agents in your area that work with a lot of investors.

Hey,Is anyone out there still investing in commercial real estate? 

Please consult with an attorney that is familiar with 1031 exchanges.If you move into the farm after two years and later sell it, capital gains will be prorated based on investment vs. primary residence use, limiting your Section 121 exclusion ($250K single / $500K married).

@Shiloh Lundahl,This is an interesting question after your post yesterday. 

I have been investing in the stock market for 5 years and I am now transitioning over to real estate after doing my research on real estate for the past two years. 

That’s incredibly frustrating, especially after investing so much time and money.

In many places wholesalers are largely unregulated unlike a real estate agent.

Your appreciation will be inflation, which is real appreciation because of leverage.