Seven kids that age are getting together to party. 

Buying your first propertyYear one: Buy a 4-plex property using the buying standards aboveYear two: Focus on managing effectively Keep on building equity and saving cashflow Year three: Buy a second fourplex (units don’t matter much, don’t focus on that)Year four: Focus on managing effectively Keep on building equity and saving cashflowYear five: Make a trade-up using 1031 tax exchange deferral Factor in closing costs and agent fees You'll need a little over $200,000 in equity or saved cash to do this step Use the same standards as the other properties before Buy a 24 unit building ~ $800,000 (but worth $1,000,000)Year six: Focus on managing effectively Keep on building equity and saving cashflowYear seven: Focus on managing effectively Keep on building equity and saving cashflow This is going to pay you around $57,000 a year in passive incomeYear eight: 1031 exchange it into a 75-unit apartment complex for around $3 million.

When I first moved to Prospect Hill in 2009, four of the seven condos in my condo association were vacant but of the three that were occupied my neighbors consisted of a young couple who both worked at P&G, a UC professor who had been there since the 90's, and a single dude who worked at GE in Evendale.

Last question - let's say a property has been assessed for the last few years at ~$200k and the current owners pay taxes at that rate.If I buy it today for $400k, will the county automatically charge us taxes on the $400k value?

Has anyone tried the Credit Uturn mobile app that automatically sends dispute letters to the Credit beuros on your behalf in an attempt to remove the negative accounts on your credit report?

They key, if you are wholesaling or flipping, is the speed of the turn around so that you can ensure you are buying and selling in as close to the same market conditions as possible. 

We all know that you absolutely tore up the Simple Passive Cashflow Podcast at 2.76x speed using the Overcast app but content vomiting “SFH, MFH, MHP, AL, and self storage in secondary and tertiary markets, IBC, QRP, notes, crowdfunding, oil and gas, land conservation easements, life settlements, take out your 401k tomorrow” in one evening is not advisable.

(By the way if you are trafficking drugs, here is a tip, go the speed limit).It seems like too much risk for me, but I would consult a local attorney.

I specialize in Creative Financing, including seller financing, subject to, wraps, lease options, land contracts, trading speed boats for equity, you name it (if it is Safe and Legal) I've probably done it.

Is the busy street, 50 mph or is just a main thoroughfare with speeds of 35 mph or less.