I’ve realized I need additional help—someone local, like an assistant.Here’s my idea: I was thinking of purchasing a small piece of property and putting something modest on it, like a single-wide home or a similar small structure.

Josiah Rosendahl at Fulcrum Home Loans Jordan Clemans at Story Real Estate

@Sung Yu You can 1031 exchange your fourplex into a single-family home, provided it’s initially used as an investment property (rented for 1–2 years) to meet IRS requirements.

Right now, I'm exploring investing into a mobile home park.

Purchase price: $169,000 Cash invested: $35,000 Looking to put 70K into the separate garage to make a 730Sqft home.

The previous owners turned in into a single family home.

Hi Chris,I would love to assist with home inspections (yes even on new construction)www.inspectingga.com

The home was then sold for a profit, providing a strong return on investment.

Nowadays many vacation homes are priced as STR businesses with profits baked into the price (with future guests expecting instagram furnishings).  

Since my first property is long-distance, I figured it’d make sense to look for my next one closer to home.