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Results (10,000+)
Patrick Flanagan 1st time 1031 exchanging
21 November 2024 | 3 replies
A 1031 exchange is a great way to indefinitely defer the tax and use it to grow your RE portfolio, and build long term wealth.The most important factor in a 1031 exchange is that your qualified intermediary must be in place prior to the closing of the sale of your old property.
Antonio F. Duplex owner occupied, how to get Good tenants?
19 November 2024 | 10 replies
First of all I put my acceptance criteria clearly in the ad: minimum credit score (enter X amount, 620 is what I use),income 2-3x rent, good rental history, references, no evictions, acceptance dependent upon background check and employment verification, pet policy, desired lease term, etc. so that people will hopefully read that and not come to the open house if they know they won’t qualify.
Kim Tran 1031 Exchange Equivalent from investment properties into primary residence
19 November 2024 | 10 replies
If you have lived in the property for two out of the previous five years you could qualify for the 121 exclusion, where you get the first $250k ($500k if married) of the gain tax free.
Kaven L. Should a PM walk the property before dispatching a plumber?
21 November 2024 | 21 replies
That does not qualify as "managing repairs."
Allison Somera Thoughts on DSCR Loans for Investment Properties?
20 November 2024 | 9 replies
It's also worked pretty well if doing STR since you can just qualify with AirDNA projected income, even if you have no STR experience.  
John O'Leary Is Upright (formally Fund that Flip) out of Business
13 November 2024 | 14 replies

Has anyone worked with Upright in the past 2 weeks or so. It seems a lot of people have left, and it's difficult to get anyone to answer. Are they still in business?

Kevin S. Buy Real Estate with Pre-tax (401K/SIDRA), Roth IRA or after tax dollars?
21 November 2024 | 4 replies
If you are still working there, you can ask the plan administrator if you qualify for an in-service transfer.  
Paul Evans Jr Tenant wants to break year lease after 2 months
22 November 2024 | 12 replies
You Keep The Deposit And If You Want To Do A Buy Out Which Usually Is A Months Rents Or More That Will Give You Some Time To Find Another Qualified Tenant.
Matt R. Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
There is no reason to formalize all the paperwork because the cryptocurrency uses a recorded ledger. 
Dongzi Wu Outstanding Real Estate Solutions Scam (ORES)
28 November 2024 | 184 replies
Additionally, the company neither authored nor provided the purported “malwareattack” letter to ORES, and Trofimoff’s claims about filing a formal complaint were fiction.