😁 Ty Coutts🧠 My area of expertise is creative financing and long-term real estate advising🙌 Looking forward to genuine conversations, gaining and sharing wisdom, hanging out with my wife by the pool 🤝 If I could make a great connection with someone looking to achieve generational wealth through real estate at BPCON2024 then I would leave BPCON happy🗓️ Can't wait for the Real Estate Partnerships: Tips for Investing in Real Estate with a Spouse, Relative, or a Business Partner

I have mixed feelings about this as I am of the opinion the government is generally not the best at administering things in the free market, however I have seen first hand some slum lording of STR's and unsafe practices.I think for now if you are in those TX markets you will have to play ball but I think they will keep pushing new rules on you until people push back.

It's a sobering situation that no one has faced since 2009 faced with it firsthand (the dinosaurs who did are out of the game or in the institutional world not working with BP type retail investors like you and I).

With time as your main deployable resource right now though, take that time to learn as much as you can until you find a path that sounds both realistically achievable with your current resources, as well as something that sounds interesting to you.I'm always happy to connect with other investor folks around the Twin Cities, so feel free to shoot me a message on here if you want to chat directly! 

We acquired a townhome property from a wholesaler, executed a successful renovation and remodeling plan, and achieved a profitable sale just 116 days later.

As someone mentioned above, people tend to overcomplicate the process or the goals on what they're looking to achieve. 

When it comes to my clients, I like to run through different 1031 exchange scenarios to see what we can do to provide the maximum benefit of deferred tax and also be able to achieve what we want to do.

Hearing firsthand from someone who’s been there will give you a much clearer picture.

We are well versed in both the Real Estate and Short Term markets here, even providing personal first hand experience on investments we have made personally. 

If they were serious at Davos, which I have never doubted, well this is exactly how it's achieved.