It's simply a way of not paying capital gains on any profit from a property sale, and instead rolling that profit into another property withing a short time window.

But enough of them turn into nightmares that when you have an out of state or country investor lose 60k on an 80k purchase because their duplex won't stay rented and when its vacant two days its stripped and that happens 3 times in 2 years.. well that's a bummer for that one investor.. but that's rolling the dice on these.There is no question that you guys that live and work it daily can make this stuff work..

So far:1) Triplex in New Britain- BRRRR complete and fully operational acquired spring 2015                 2625 Rent Roll 100,000 acquisition 50,000 renovation, 140,000 refinance out 190,000 valuation                 Cash flow total for this above everything else $600 or 3% of the goal.2) Duplex in Manchester- BRRRR complete acquired fall 2015                 2500 Rent Roll 60,000 acquisition 60,000 renovation, 140,000 refinanced out 190,000 valuation.                 

you can roll the Ira over into a self directed IRA (I use Quest IRA) and then use those funds to purchase your RE.

Am I rolling in success now? 

@Jennifer W.Check SimpliSafe again, they have rolled out their camera.

Or do I want to place a roll-off and do it myself?

I spoke with a loan officer from a small bank and one of the things he's requesting is rent rolls.

I also still have some rolling short-term debt, and a series of bullet payments totaling just under $100K, starting in 2020.

I try to be less cynical now when I hear 'multiple offers', although I still can't help rolling my eyes...