However, if your flip is considered inventory (not an investment property), a 1031 exchange won’t apply.

Huge congratulations on your first investment and the new projects you’re working on—that’s an exciting step forward!

We are looking for owners who want to stop having issues with their current PM firms and move to an end-to-end solution.

To whom this may concern, I am an investor looking to buy my second property.

IT looks good and has a reason....you can get fancy and use glass tile for an even bigger pop....I think $500 is high....way high.

I think what they are looking for are those that are using an LLC they made up out of thin air.

If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.

Why would not having a bankruptcy be an issue?

Didn't you work with an agent/agency to purchase the policy?

"Equity shrinks pretty quickly when you sell".Thirdly, anybody tooting their own horn wants something from you . . . your money.Now, since I have 10,000,000 houses and $100,000,000,000 in equity, I can verify this is true.Seriously folks, question everything in life and you'll love me for learning that principal.You may ask, is the person answering my post an expert and is their opinion good?