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29 September 2024 | 2 replies
Hi Prasit,To transition from agent to acquisition manager, here’s the quick path:Leverage Your Agent Skills: Use your market knowledge, negotiation experience, and connections to find and analyze deals—key acquisition manager skills.Wholesaling Experience (Optional): Wholesaling can help build your deal-finding and analysis skills, but it’s not necessary if you can transition directly using your agent background.Training: Consider certifications like CCIM for commercial real estate or courses on platforms like BiggerPockets to sharpen your acquisition expertise.Network: Connect with investors or real estate firms to gain insights and potential job opportunities in acquisitions.Let me know if you need help with financing as you move forward!
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29 September 2024 | 21 replies
Equity / Capital Gains - This is usually a shorter term timeline.
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30 September 2024 | 5 replies
There’s a major advantage here, especially for the seller, as it can help them defer capital gains taxes.
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30 September 2024 | 5 replies
A lot you can gain from these forums, but some you just have to jump in and learn.
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27 September 2024 | 15 replies
PREVIOUS AIR BNB PROPERTY <--------- link to previous Air BnB we flippedSome say that numbers are down for Air BNB and I'm here to tell you it is all in how you look at ( and structure it ). This, our third renta...
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30 September 2024 | 11 replies
I'll send a direct message.I'd like to build a team out-of-state and possibly gain new partners to invest alongside.
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28 September 2024 | 4 replies
How will the capital gains and rental income be taxed (not just by US, but by Canada as well)?
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1 October 2024 | 2 replies
We thought that it seemed like SROs fill a valuable niche, and that property owners who manage them stand to gain high-density cash flows commensurate to the high-density living.How did you find this deal and how did you negotiate it?
28 September 2024 | 19 replies
Simply put, the smaller the variance between the basis and the sales price of an asset, the less capital gains taxes are due from the sale.
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29 September 2024 | 17 replies
How about a job in the real estate industry both to accumulate capital and gain experience?