I've accepted the reality there is no cash flow.

I don't know how that really works in reality, but I've heard it done before.

It's a statement that seems more fit on a sandwich board sign wandering a street corner right next to "the end is nigh" yet, here we are in a living reality where it was not only spoken, and part of a campaign promise, but a key aspect to a new Presidential administrations tax plan that out-right declared Real Estate Investors as a key target.All politics aside, this post is to discuss two specific questions; 1st: how will the end of 1031 like-kind exchange effect yourself, business, operations etc.

This is the reality.

The reality about fix and Flips is that there is SO much information out there on how to do it that you really just have to comb through it all and see what works for you.

Most likely there will be setbacks on the first properties you flip, it is not as easy as it is looks and even less how they portray it in reality TV.

Not trying to douse your dreams but that is reality at the moment.Now....Condo's in San Francisco are a different story in that we can fight for a discount on those because people are selling those and they are going for under asking quite a bit in The City.

Maureen your request to buy a multi family in San Antonio with no money is completely unreasonable and not based on reality is why I said that .

They were playing a Virtual Reality game and got a bit too close.

Anyway. let me know if you want to chat more about the realities of the business.Neil deGrasse Tyson: knowing enough about a subject to think you are right, but not knowing enough to know you are wrong ;) Best of luck.