Mike,Do you also keep an eye out for what is goingon in Carmel?

Getting involved can only help you open the opportunities up.Thanks everyone for your involvement, and to all of our newbies, WELCOME!

What are the first steps in getting involved in that.

He is a agent and i am involved pretty heavily in development.

This is all too complex to explain the revenue potentials on a forum or in any short space but that being ok as well as we have a group that currently is involved in this commitment and yet I fear they will have limited resources and possibly may be looking to bring others in as well.

I already know where I want to buy, it's just a matter of going through the hunting process to find a decent deal, and then fill in all the blanks as to what's involved in buying a property (i'm tellin' ya, i'm a major newbie, but that's part of buying this property, to get a little more than my toe in the RE water).daniel

Internet says no such thing as long as the 1031 exchange involves trading "equal or higher" for the replacement property.

They all involve the same basic procedure.

Sounds profitable but if you are just starting out, I would start with a few smaller projects first to understand all the costs involved.

What that does is help you look more legitimate in the eyes of the IRS when you start deducting your business expenses.