Now, every deal isn't a deal, so it starts with how you purchase and what your long term goals are.

Maximum liability coverage and a good umbrella policy is going to take care of 99.9% of your needs and exposure.

Hello Tyler,For a more short-term strategy, I would consider holding off on Refinancing Property 2.

You can find more info on 1031 exchanges at this link: https://www.irs.gov/businesses/small-businesses-self-employed/like-kind-exchanges-under-irc-code-section-1031Regarding the change of ownership from joint to individual, there might be a couple of ways to handle that depending on your state laws and the terms of your divorce agreement.

If you can get $1400 for the commercial without any out of pocket expenses and new long term lease with rent bumps, that would sound more appealingGood LuckGino

I've created a daily schedule and habit tracker that fully aligns my daily habits and tasks with my longer term goals.

Not only are Queens and Brooklyn the busiest Counties in terms of activity (new listings), but they also have some of the most competitive investors in our market.Properties are selling for 8.5% more than they were in 2023, showing us just how desirable the borough is.

Get familiar with FHA and Conventional loan terms. 

Hey @Michael Lee, we just completed another six-plex loan in NY last month with similar terms for our client.

Do any of you have short term rentals available?