The 1031 exchange is the huge tax savings move to get some more doors and build up that wealth with equity movement to larger deals! 

We are very good at saving so can prob build it back up fast.

And it's going to take more work, especially if you decide to go it alone and try to build a team yourself. 

I live out of the country though so it makes things difficult.

Cash out Refi property located in Northern NJ, and hypothetical purchase mixed use or multi family apartment building located in Brooklyn most likely

I'm also building an ADU here at our primary that we'll operate as a STR. 

From all accounts, he's building a great GC Business. 

.👥 Networking & Relationships: Building relationships is crucial in real estate.

Hello,My name is LeoOne of my investor friend has an issue with his rental property (2 story townhome with HOA)What was happened to him and the unit is1) the drain pipe on 2nd floor bathroom was broken2) water leaked in the 1st floor ceiling and walls3) in contractors opinion, this problem was caused by just normal wear and tear (already 40 year building)4) Those pipes are not shared wish other units (service the unit only) and HOA won't do anything or take care of it. 5) it will take 1-2 months for everything to be fixed up6) Tenant will need to evacuate to a hotel or shelter I have two questions,#1 In this case, whose insurance should cover the fee of tenant's hotel while the damages are fixed up? 

Lots of older buildings with good bones.