All Forum Posts by: Julie Hochwender
Julie Hochwender has started 2 posts and replied 6 times.
Post: Tampa Real Estate Mastermind
- Posts 6
- Votes 2
Quote from @Nicholas Unger:
Realize I'm jumping on this post four years late(last post was six months ago), but I think it would be awesome to set up a mastermind/REI Meetup in Tampa. The ones mentioned I've been to: New Western does one at The Canopy in St. Pete once a month and one at American Social on Harbour Island. There was also another, Beach REIA that meets once a month at Hooters at John's Pass. These meetups have been good, very large turnout though which makes conversations/building relationships a bit more difficult. I wouldn't mind starting an actual mastermind, something more personal, smaller group where we can get some real in depth discussions going. Let me know if anybody is still interested.
Do you have any info for these groups so others reading the thread would have an idea as well as myself where to look them up for the information. I think a solid mastermind of more learning smaller group would be nice in the area.
Post: Handyman needed in Tampa area
- Posts 6
- Votes 2
Not to be rude but ask your realtor for help or search for facebook groups or facebook market place in the area that have the services you are looking for, handyman will post there as well as all other professions
So my husband and I are about to sell our primary residence. We built the home, my son is a GC, and had a great bidding war and got $30K over asking price! We are looking to move out of small town Western NC, no workforce. We rent a property right now (motel, 7 units) that does about $14K per month. We have no one (but ourselves) to clean and do improvements. We can get out of our 7 yr lease by paying a $5K to the owner. We should net about $150K out of our home. However, since we did not reside in the home for 2 years, we have to deal with capital gains. My good friend told us that the govt gives us a one time "buy down" to invest a portion in our new primary residence and then use the rest to start our real estate dreams. We are wanting to head to FL. We are having a challenging time getting started. We are using the calculator and working deals and listening to the podcast to educate ourselves.
We are not sure what type of property we should be looking at, duplex, multi family, commercial... Oh an added bonus, we also just have one small credit card as debit, nothing else once we sell the home. My husband has a great W-2 job and has been there for over 15 years. Currently working from home and looks like he will have a lot of flexibility once this covid stuff is done.
Can anyone help point us in the right direction?!?!?! Help!
Thanks!
J&J from WNC
Post: How to invest profit from selling my house
- Posts 6
- Votes 2
Husband and I have a cabin that we built and filed for completion certificate date in July 2019, took a loan out to build as primary residence. We signed a contract to sell last month and it closes May 14, 2021. We will have 150K from the sale after. We want to reinvest but not sure what to do with the money. Normally we would build another house but the cost of material is way too high. Do we divide the money and buy several homes? Do we have to pay taxes if we reinvest, If so what is the tax we would pay on the money? Can we do a 1031 and if so do you have to invest the lump sum? Thank you for any help!
Post: Small Landlords are choosing to sell
- Posts 6
- Votes 2
@Joe Splitrock
EXACTLY, so glad you get it. can you explain that to Utopian @Eric Weldon-Schilling