Email us for help
Loading...
Premium support
Log Out
Our Terms of Use and Privacy Policy have changed. We think you'll like them better this way.
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 cash out of the deal?
[24:27] The break even point of a deferred down payment option
[27:25] What is equity stripping?
Websites:
www.hartmaneducation.com www.venturealliancemastermind.com