But we will see once we crunch the numbers I suppose.Thanks again for sharing :) 1 - I don't think there's a way to hold the inspector accountable unless you can prove there was purposeful neglect (forgot the official term for this).2 - Nope, if the tenants have a lease, you can't increase their rents until the leases expire.... luckily, even at the lower rate, I still made out ok.3 - As long as you account for putting a larger down payment for being a non-owner occupant, and the numbers still work, more power to you.  

The newer once have a lot more power which will allow the waste to be pushed past the obstacles.

CongratsThe power of team work and biggerpockets:~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~We first started working together I had $0.67 in my personal bank account.First property we worked together on was 67th Street.I’m grateful for the opportunities and good luck moving forward.Ramon

This site has tons of info to offer in regards to investing and make sure you use your pro super powers in analyzing deals: https://www.biggerpockets.com/analysisSee you around Annie!

(It’s that powerful).

When an owner can't sell the whole shooting match, this gives them an exit.Accounting wise, the first year you carry your asset at cost, but since fractional interests are less valuable than a majority interest or equal interests after a year you can adjust to the fair market value claiming the percentage ow ownership, in other words, real equity.Even with a minority interest you can take full charge of ownership duties, including the power to sell!

Hi everyone,I'm sure we've all heard about setting up an LLC to protect yourself and assets from unexpected problems in a property.

You might never see them post at all.This is a very powerful site not just because what you see on the forums but all the other benefits that come from this site offline.The best thing I can say is get educated and be the best in your field and share that knowledge.

So while you have the earning power, the youth and the energy you must JUST DO IT!

Not attempt a 1031 exchange when their intent is to hold real estate productively simply because they are afraid their intent won't be believed.There is wisdom in many counselors and it is in working with your professional team that you will find wisdom to decide whether or not to use a 1031 on a sale.One powerful trend that @Zachary Curry is referencing though is the tool of the reverse exchange and the increasing willingness of lenders to make those kinds of bridge loans that allow investors to lock up their next project at today's prices while positioning their current property so it can enjoy longer gains and further establish intent as use of qualified property.