I’m going to be real: I don’t own a property yet, and I don’t have a pile of money sitting around.

In addition, committing ~ $200K requires some level of sophistication on the part of the investor and you are more likely to find someone to agree to your terms in smaller transaction sizes, but even that will be difficult. 

I also support the point of thinking at least 10 years ahead and only buy properties your future self will be happy.

Would be happy to connect with all of you! 

I do a good bit of long distance real estate investing and I am considering going into as new area. 

I would have to see the numbers of course to know. 

I approached them and told them our plan to convert the space (assumptive sale style) and offered to renew their lease and lock them in for the same rate for 18 months at the same time.

Your profit is the difference between your adjusted cost basis and your net sale.Adjusted cost basis is your cost of acquisition plus any capitalized improvements minus depreciation.It is very possible that you could sell a property you have refinanced and generate no cash at the sale but still have a big tax bill because you sell it for more than you purchased it for.

Go to GET STARTED > EVENTS AND MEETUPS at the top of your screen.

I currently have several properties for sale in flood-prone areas along the beaches of St.