Strictly buy and hold?

Meditation, solid morning routine, journaling, etc.

@Pat BurchAt current rates you could owe about $13,000 in Federal income tax for capital gains (20%) and recapture (25%).By doing a IRC Section 1031, you would defer paying that Federal tax and be able to roll over the full proceeds into the 2 properties that you are looking to acquire.You have to meet the strict requirements of a Sec 1031, like not getting your hands on the proceeds, identifying the acquiring properties within 45 days and settling in 180 days.

It is a bit different than managing small properties but I can tell you the little that I know so far.Remember - MA is very strict and its a tenant oriented state so you have to do everything exactly by book….I would probably suggest going to some local Landlord Associations as they may be a good opportunity for you to learn about the laws AND promote your business.Oh, actually, I would start by reading this….http://www.masslegalhelp.org/housing/legal-tactics1I printed the whole thing!!!

@Emily PowellI work with an investment brokerage here in Atlanta that concentrates strictly on investment real estate in the area.

Create a solid routine for yourself that is the same week to week.

Can I assign my contract with HUD or is it strictly DOUBLE CLOSINGSAny other info is greatly appreciated

In fact, if you haven't already developed a strict list of your buy criteria, this is a great time to invest the time and emotion to do that.

This isn't about wealth (strictly speaking) to me, it's about freedom and about being free to affect others in positive ways.I see that you've used VA loans in the past.

Sounds like the rent control board is currently not overly strict in Passaic.