I am considering two options for purchasing a A+++ SFR cash, Option 1 to place in a self directed IRA and let the IRA own the property and Option 2 is to buy in cash upfront and pay the taxes owed.I am 62 years old and have another five to seven years prior to retirement and so I am trying to set up my portfolio for income generation by that time.

Hi All, I am looking at purchasing my first STR in Skagit County WA, just north of Seattle.

My goal is to at least have positive cash flow while I build equity in the investment property.Has anyone successfully purchased a buy & hold with this strategy?

Baltimore was undertaking a renewal and I purchased a bldg. near downtown on the west side.

Purchase price: $402,800 Cash invested: $148,673 Sale price: $590,000 Our 1st rehab flip!

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Purchase price: $65,000 This property was a classic grandma home that needed some TLC to bring it up to modern standards.

We purchased our first duplex last year and we are currently house-hacking it.

@Bill B.and @Tylere Weaver, A lease with an option to purchase is a very good idea to give yourself the option to do the 1031 exchange later. 

Read this: https://www.biggerpockets.com/forums/51/topics/1164415-ne-re...Similar situation but related to real estate education costs before a new real estate investor purchased 1st investment property.