If you'd like to chat more... maybe swap some stories over a decent cup of coffee... just say the word.Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Attitude and professionalism are paramount; product knowledge next, and then there's your contact/follow-up systems.Put that together, price-test against the market, and you'll have a sustainable, constantly expanding, and very profitable venture.Good luck! 

That said, the construction is slowing, and I believe Huntsville’s population growth will make this a good investment over 10+ years.

Next question.... will you self-manage it, or turn it over to a professional management company, or some type of hybrid? 

This would likely kill any cash flow for a first duplex purchase, but allow you to purchase a second one much more quickly.We have seen strong appreciation and rent growth through this market.

You can be sure they will continue to negotiate for, strategize and advise themselves.If the laws are similar where you are, you should consider if you want someone doing those things for you, and whether you are comfortable going toe-to-toe alone with a licensed professional on a $1.25 million purchase.

But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.

Several questions that will allow financial professionals/planners to help you make an informed decision include: what are you paying in rent?

Hi All,I’m excited to join this platform and connect with other professionals in the real estate industry.

I am thinking about doing this full time and was wondering if there was a coach/professional i could speak with to give me an honest assessment on my current real estate portfolio?