Just made offers on a portfolio of 12 units of which 6, a fourplex and a duplex, we are planning on doing with our Self Directed Accounts.

What to Look for in a Real Estate AgentWhen buying a home, you want a real estate agent who… Takes the time to understand your needs and goals, so you have a true partner in your home buying journey.Explains everything clearly and answers your questions, so you’re never in the dark.Has expertise and a track record of success in the local market.Knows how to find great properties in your price range.Will alert you to new listings, quickly, so you get the jump on those opportunities.Will advise you on the best price to offer for the home you want.Will prepare and present the offer, and skillfully negotiate such things as price, conditions, closing dates, etc. so you get the best deal.Will save you potentially thousands of dollars by ensuring you don’t overpay for the property you want.Will recommend reputable home inspectors, movers and other professionals you may need.Not every real estate agent offers all of these services.

@Elaine Bonini, Yes, to sell one larger asset and use 1031 to purchase several replacement properties is permissable and a very savvy use of the 1031 strategy.  

Thus far, my experience in real estate includes helping to renovate his first buy and hold property as well as just shy of a hundred BP Podcasts and a smattering of other REI research!

Again have it spelled out in the P&S and a separate agreement signed at closing. 

I don't have any experience in real estate investing, but I am eager to learn and a very dedicated person.

(this is the only thing we need to negotiate - EQUITY)I will send the seller a contract of sale (and a copy to you) - I always use my "Skinny Contract Offer" at a price we both agreed to -  Your job will be to get comps - look at the property - make an inspection and determine that the offer I make is at a price where we can make a reasonable equity profit.

No, nope, and as my drill instructor used to say in boot camp, "Not only no, but F#$% no!"

The LLC is owned by me and a business partner.  

Maybe agree to escrow the roof and A/C replacement funds to reduce the risk for the owner.