If my wife and I own our own house which have appreciated well over 1 million, and I would like to use a 1031 exchange in order to defer taxes - I have these questions, let's assume we purchased it for $1 million, and it's now worth 2 million dollars and I lived in it for the past 3 years as my primary residence.1.

I’m not too sure what a good cash number looks like, so please let me know if I should consider rehabbing first to build more liquid cash.To my understanding, I need to have all of my profit margins in place before even considering buying a lot.

Even out of my local area/state? 

In today's day and age of social media, the Internet and super catchy reels and videos, attracting your attention to higher returns, promising life changing strategies and tips on how to quit your 9 to 5 job; A lot of people really neglect what real Real Estate investing is all about. 

Quote from @Sarah Anthony: Hi,My name is Sarah and I am a 30 year old dental assistant, new to Real Estate Investing, and eager to build a network.

My first property, a C-Class multi-family in Houston, seemed like a great investment, but it turned out to be a money pit.

My wife an I have been in contact with the agent representing the property owner.

Allstate does all 10 of my Vegas properties (along with a MN property and an umbrella).

Finally getting my profile up and running after investing in RE since 2016 and leaving my W2 in 2024.  

This investment aligns with my strategy to develop high-quality rental properties in thriving neighborhoods, where both rental income and property values are steadily rising.