Feel free to reach out anytime!

I opted to not go with Avantstay because I did not feel that they had much for protection for the owner if things should not go as smoothly.

Please feel free to reach out if you want to learn more.

I feel a loss of direction and that makes it really hard for me to focus and build.Do we keep at building a portfolio of small multi family (very abundant in my market, very rare to find anything above a triplex for sale), with plans of selling the portfolio and 1031'ing into larger properties? 

A 1031 exchange allows you to defer not only the capital gains tax but also the depreciation recapture tax, which can be at a higher rate.If you have any further questions or need assistance with your 1031 exchange, feel free to reach out!

If you feel confident in the tenants signing those long term leases, this is a slam dunk and you'll have a cash cow on your hands very quickly!

Feel free to reach out if you ever want to chat or bounce ideas around.

With the way my portfolio and pipeline is arranged I can understand why the construction management or brokerage verticals are most enticing but it still feels too transactional which is what I want to avoid.

Everyone will tell you it’s great to get started early, or you can just move after a year, but in the current environment in our region the rent your property will generate after you move out will likely be less than your mortgage, if you are tied to the area and feel confident you want to stay in whatever property you buy for 3-5 years go for it, if you want flexibility rent and throw that money into and index fund. 

I’m not local, so I’m trying to get a feel for what it’s actually like making deals in this market right now.