Just acquired a property in a small North Texas very rural town.

Helping others navigate this unique and impactful business model has been a rewarding part of my journey.Now, I’m looking to scale by incorporating the BRRRR strategy—acquiring undervalued properties, rehabbing them to meet care home standards, and refinancing to reinvest.

After conducting thorough due diligence, including a professional inspection and market analysis, the property was acquired for $72,000.Renovation and TransformationThe renovation aimed to modernize the property, enhance its appeal to potential tenants, and maximize its long-term value.

There is no specific IRS-mandated minimum holding period for a property acquired through a 1031 exchange before you can retitle it, that's why it's hard to find an answer. 

I've helped my cousin acquire two investment properties in Augusta, so while I can't claim to be an expert, I can share some insights.

And are you looking to acquire more properties in/around Springfield? 

Maybe any wholesalers, investors, fix&flippers, landlords willing to share any experience.I am a fast learner and willing to provide my business, trade for trade, to learn how to acquire my first property whether that would be a small 4-8 unit building or start big with a 20-unit building. 

The ability to use leverage to acquire more attractive assets and amplify their potential gains4.

What if franchising is part of the strategy, with a long-term goal of acquiring properties as well?

We as tenants had to acquire a shop vac and clean it ourselves, including dragging rugs full of filth and animal hair to the dumpsters.