I know some people feel like they need to invest in a course to hold themselves accountable or feel like they are doing something.

(August 2022)Single-family residence buy & hold investment.Current Value Estimate: $410,000 Purchase price: $345,000 Cash invested: $5,000

Hold on…I worked my *** off for 6 months, did the biggest deal in company history, won the award for best salesperson and it only yielded me $9,000?

So let me see if I can contribute anything that might help you....First, I would ask yourself if you want to hold a rental property in Seattle...? 

The QI for the 1031 buys the land and holds it while you start construction on it. 

Start by defining your goals—cash flow, appreciation, long-term holds?

Hey Natalie if you're set on holding onto the property I have a great property manager I use for my STR's that also will cover MTR and LTR's.

.- Depends on what you're doing specifically, but usually I'd recommend getting an EIN at least to give access to business bank accounts- Repeating #1, if you're going to a property and 100% of your time is spent doing renovations and the like, sure, but if any of it is for personal benefit, that'd be disallowed.

We had to hold off for a bit, but are getting ready to start in the coming months.

Investment Info:Single-family residence buy & hold investment.