With money from California Investors this company began purchasing large blocks of property that had been boarded up for 20 + years due to the steel industry going belly up.

Using a 1031 exchange allows built in capital gains to be put into larger properties that allow further depreciation.There are a number of strategies to employ that becomes more valuable with scale.For those that work a W-2 job, real estate investments can shield a significant portion of your ordinary income.

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Try to find some real investors to work with so that you don't end up wasting your valuable time.

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I will keep looking.The 2010 Florida Statutes Title XLREAL AND PERSONAL PROPERTY Chapter 695 RECORD OF CONVEYANCES OF REAL ESTATE View Entire Chapter 695.01Conveyances to be recorded.—(1)No conveyance, transfer, or mortgage of real property, or of any interest therein, nor any lease for a term of 1 year or longer, shall be good and effectual in law or equity against creditors or subsequent purchasers for a valuable consideration and without notice, unless the same be recorded according to law; nor shall any such instrument made or executed by virtue of any power of attorney be good or effectual in law or in equity against creditors or subsequent purchasers for a valuable consideration and without notice unless the power of attorney be recorded before the accruing of the right of such creditor or subsequent purchaser.(2)Grantees by quitclaim, heretofore or hereafter made, shall be deemed and held to be bona fide purchasers without notice within the meaning of the recording acts.History.—ss. 4, 9, Nov. 15, 1828; RS 1972; GS 2480; RGS 3822; CGL 5698; s. 10, ch. 20954, 1941; s. 8, ch. 85-63.

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Welcome to BP,I'm sure that you will find this site a valuable resource.

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Yes, it's true you can get a valuable education from the forums, and that's great, but when I started picking up the phone, meeting people for lunch and so on....OH MY!