Then contact the selling agent and network with them for deals or intros.Check Meetup for real estate events or start your own.Post on your favorite social media channel what you do and who you want to meet - over and over again as it wil take awhile to work!

With those lower interest rates, you may not want to sell those properties but a 1031 exchange into a larger investment could give you more leverage.

We talked for a while, he liked the fact that I was not salesish and decided to sell the home to us.

I know, I know, first world problems for sure but I loath the thought of the hassle of selling but its time.

ROI do not take into account time value of money (selling the asset at year 8 instead of year 2 at the same price, your ROI is relatively similar, but your IRR is far from being the same).4- LEarn to analyze your portfolio: aggregate altogether all your assets and analyze if there's any project cash flow that would be required (balance of sale, loans, etc).

If you want to identify more than three replacement properties during your 45-day identification period, what are the additional requirements you must follow?

Now it is a loan so this means you will have to pay it back when the loan is payed off or when you sell the property, but regardless it could my ticket into owning my first rental property.

Sell it to me for 70 cents on the dollar?

.- Analyze Deals Thoroughly: Once you identify potential properties, conduct thorough due diligence and financial analysis to ensure they meet your investment criteria.

Identify the strategies you both want to implement on a specific property and stick to it.3.