We’ve all done direct mail and yellow letters and they work.

Maybe they need help cleaning up a job site, writing letters, landscaping, posting bandit signs, sweeping the floor… maybe you just go and pick up their lunch and run errands every day.

The Lender will need some sort of verification that you are the sole owner (tax returns work, CPA letter).

How will you pay your carrying cost, any cash reserves?

You need to have trucks lettered with name of license holder, license number, address etc.

Your basis is what carries over in the 1031. 

If that is the case, it doesn't matter how much it costs you to carry your property - that is what it will rent for.You can ask a real estate agent to pull rental comps for you or just look on Zillow, FB, CL, etc. for your own comps.

I’m giving her a letter next month with a 6 month notice, she’s month to month, GREAT TENANT, I just didn’t want to hit her before the holidays, that unfortunately I have to increase rent about $200… see we’re it goes like someone said ever with my $200 increase it’s still cheaper than anywhere else she could find

I usually carry 5% of the gross rental income for each of the first two items, and the utilities piece varies depending on location and the building.

We went over this many, many times and I wrote a letter explaining my work history working as a yoga instructor and volunteering my time to get my hours to get certified.