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Rinse & Repeat: 1031 and the power of rentals over time….

Sometimes I over simplify my thoughts on investing in real estate….. As a generalization, I have an ingrained rule of buying a rental property for $50k and selling it when it hits a valuation of $125k -with the thoughts of reinvesting the money into two more $50k properties. We are still able to purchase single… Read more »

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The Back End of a 1031 Tax Deferred Exchange: Big Blue

The back end of a 1031 Tax Deferred Exchange… I call it Big Blue. She’s a 2000 square foot   Pre-1920’s two story Victorian that was converted      into an upstairs/downstairs duplex some 30-50 years ago.  10 foot ceilings and 5 coal fireplaces with original mantels.  It would be easy to convert back into a single family… Read more »