Accredited Income Property Investment Specialist (aipis)
AIPIS 168 - A Client Case Study on 1031 Exchanges with Dr David D'Ambrosio
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:30:44
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Sinopsis
Jason Hartman's client, Dr. David D’Ambrosio, tells all about his experience with a 1031 Exchange on some properties in the Orlando and Indianapolis markets. He has some ideas about why high-tax bracket professionals avoid real estate investing, and Jason has his own. One thing Dr D'Ambrosio does want to know is, what should his next step be? Key Takeaways: [1:34] Dr. David D’Ambrosio is Radiation Oncologist, but has always been intrigued by real estate. [3:52] How David did a 1031 Exchange and purchased four properties in Orlando. [5:34] The two ways to diversify a real estate portfolio: location and cash flow/appreciation. [7:25] The 1031 Exchange deadlines, 45 days for identifying properties, but six months to close. [10:08] How frustrating it can be when you have a no-brainer like real estate investing, but people aren't willing to try it [16:16] Some places to look for financing after you've reached your traditional property limit [22:24] Is it possible to do a cash out refinance if you can get a lot of