Completing a 1031 Exchange allows you to defer that tax and depreciation liability and invest in another rental property.There are many experts on BP that help investors perform exchanges on a daily basis, here's some more info on a few blogs I've written on this site.https://www.biggerpockets.com/member-blogs/7993/65931-import...https://www.biggerpockets.com/member-blogs/7993/65927-how-a-...

Rather than me saving up for a down payment to use with a Hard Money Loan to quickly purchase a property, I spent the last 2 years trying to balance out my debt from the program and debt from daily life.MY advice is DONT DO IT.

The Daily, the NY Times Podcast - discusses the recent NAR bombshell decision that rocked the real estate world.BTW - Did you know that the NAR owns the company that makes the lock boxes that agents use every day?

Hi everyone,So here is the deal.Started a PM company 10+ years ago as a subsidiary of our turnkey company (IMO it's a tough gig selling turnkey if you don't also manage in-house)Hated the PM business for a good 5 years or so.Then one day I woke up and smelt the roses and realized that PM is not so bad after all.That of-course came at a time when things actually started to work and we actually started to "work" the systems just as they should be worked lolWe have reached a point now where it's a pretty well oiled machine other than the minor $#@% that we fix on a daily basis.The business motto is systemize, optimize and monetize which is a work in progress but chugging along.I'm confident that with the operation as it is today we are at a point where we can start to significantly scale.Organic leads are flowing in nicely and we grow at between 10-15 units per month or so.My questions are:1) How do we potentially find other "mom and pop" shops what want out of the business and we purchase to take over?

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I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or lose money in any market.

The Daily, the NY Times Podcast - discusses the recent NAR bombshell decision that rocked the real estate world.BTW - Did you know that the NAR owns the company that makes the lock boxes that agents use every day?

I just don't want to have to look and experience the ugly rear staircase every day, especially in the summer when I am go to the yard daily to grill or play with the kids.  

Join the Houston investor groups as deals are posted daily.

Set up a chore list.