Or sometime we acquire properties and have the agents market the pocket listings for us.

I'm an accidental landlord and REI in Asheville, NC; very fortunate to acquire a great duplex in West Asheville for my foray into the REI space.

.- Will still be challenging to acquire a SFR at a low enough price to justify the cost of any conversion.Regarding Michigan property taxes, we have a one-page explanation document we'll share if you DM us. - The challenge in Detroit is that the city is "deliberately" keeping SEVs low to not scare investors away over property tax increases.

Banking on appreciation always carries some risk, but if the numbers work, even with 2% appreciation, the asset may still be worth acquiring long-term.

But I believe that if you're not violating any terms, not in a restricted industry or involved with anything deemed risky by Stripe then you're probably safe.It appears their move to Stripe is for accelerated payment processing, which is interesting since they acquired eRentPayment and Payment Report.On surface level it might be they're adding Stripe as an option on top of their existing infrastructure.

Hey Dave, since I have mortgages on these properties, would it make sense to bring cash to the exchange to cover the mortgage amount (or pay off the mortgage before doing the 1031) and improve the cash flow for the newly acquired property?

What type of investment property are you looking to acquire?

Were you looking to acquire more homes for that specific property? 

Quote from @Michael Plaks: @Jamie ParkerDrop trying to "think like a businessman", "reinvest in your business", "level up" etc - the fewer empty words you pollute your brain with, the clearer is your thinking.Solid advice - I think a lot of people try to make investing more complicated than it needs to be with uncessary jargon.Examine how you acquired property #1 and property #2See if there is anything that you can do to acquire more properties faster.

Purchase price: $160,000 Cash invested: $25,000 Sale price: $260,000 Contributors: Peter Vekselman Partner Driven acquired this N Lofgren Rd property in Rolling Prairie, IN, on 03/29/2024 for $160,000.