Purchase price: $50,000 Cash invested: $25,850 Sale price: $112,846 BRRRR Deal Executed and now turning into a 1031 exchange!

Purchase price: $50,000 Cash invested: $25,850 Sale price: $112,846 BRRRR Deal Executed and now turning into a 1031 exchange!

@Kristine E.

Even then there is a risk of forged documents or ones executed by incompetent persons.  

Since then, I have become obsessed with studying/executing REI and I continue to consume information with every bit of my free time.

We don't know if you are trying to get out of a lease, according to what Nathan posted it isn't a fully executed one as it doesn't have the name on it. 

The 1031 route is possible, and a great option if you are wanting to trade out of the Austin rental, but this will typically take the form of owning another rental, so if you don't want to be a landlord anymore, it will not resolve that issue.  

Hi BP community, Our family has been leasing a small space in Southern California since mid 2018 for our e-commerce retail business (selling heavy machineries to  end users nationwide).

Remote workforces and e-commerce trends have significantly impacted retail and office asset classes; however, the multifamily asset class has seen relatively little disruption.

To me it looks like the Three Stooges did it.One trade opens a hole in the wall/foundation to make some repairs, they don't do hole repairs and leave it.Homeowner decides to just leave it, or stack loose rubble bricks back in the hole--thus saving cost of a proper repair job.This is an extreme brick problem: https://www.clickondetroit.com/news/defenders/2020/06/29/detroit-familys-home-collapses-as-landlord-refuses-to-answer-calls/