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Results (10,000+)
Maria Moya People keep telling me not get into real estate
19 March 2024 | 11 replies
I buy decent properties and get them fixed right from the get go which minimizes these issues.
Jose Botello Deal Analysis- South East Missouri
18 March 2024 | 0 replies
House looks updated from online pictures so maintenance is hopefully minimal
Kevin Goldman Figuring out my next move
18 March 2024 | 11 replies
I am a licensed realtor here in Los Angeles, don't want to deal with the exodus of insurance companies and difficulty getting insurance and keeping it after a claim, tenant landlord laws being heavily in favor of tennants, exorbitant property taxes and minimal RTP among a few other factors with these being the most inspiration to take my money out of california.  
Ken Weiner Anderson Business Advisors
20 March 2024 | 193 replies
@Matthew McNeil the LTV would be minimal to none since I’m looking to do a cash deal.
Evan Gen How much of your portfolio is in real estate?
18 March 2024 | 7 replies
I don’t know the exact numbers but I would have to say something like 50% in real estate, 25% in stocks/bonds/401k, 20% or so in cash and about 5% (minimal) crypto and alternative investments.
Sandra Sanchez New to Wholesaling: Finding the Right Deal
19 March 2024 | 9 replies
If you already have a group of investors you work with, understanding their capital reserves, risk tolerance, timelines on return, and various other factors to help you understand what properties will be good deals for them and should help you narrow down your scope.When thinking about what tools to use, think about what you need to get done.As a wholesaler you will need to find leads on potential investments, run numbers on investments, put together investment packages for your investors, etc.Lead Generation:- Can be done on MLS, Auction sites, etc but remember competition will be high here- Pre foreclosure lists- Drive for Dollars- Social Media Campaigns - Billboards & signsProperty / Market Due Diligence:- Bigger Pockets Tools- Air DNA- Reventure App If you would like to connect and discuss in detail I would be happy to brainstorm.Good luckEach market is unique, but the goal when starting out is to minimize expenses while maximizing learning opportunities!
Ranier Moore Requesting advice for my next move
18 March 2024 | 3 replies
I also considered maybe I could sell the home but I just purchased it a year ago and have minimal equity.Let me know if there is other key information that will help inform your responses.
Wylie Freeman Best way to get around short term capital gains
18 March 2024 | 5 replies
This poses a challenge because one of the requirements for a 1031 exchange is that both the relinquished property (the property being sold) and the replacement property (the property being purchased) must be held for investment or used in a trade or business.If your client's mother purchased the land less than a year ago, it's unlikely that it would qualify as replacement property for a 1031 exchange because it hasn't been held for investment or used in a trade or business for a sufficient amount of time.However, there may be other options available to minimize the tax implications for your client and his mother:Hold the Property Longer: If your client's mother holds onto the land for a longer period of time and can demonstrate that it is held for investment purposes, it may become eligible for a 1031 exchange in the future.Consider Other Investment Properties: Your client could explore other investment properties that have been held for a longer period of time and would qualify as replacement property for a 1031 exchange.
Ashley James New REI and hope to pursue flipping - Glad to be part of the BP community
18 March 2024 | 1 reply
If he was doing minimal renovating in this scenario (obviously no electrical wiring etc) is he required a contractors license?
JD Martin Realtors Association agrees to settlement to eliminate fixed fees
19 March 2024 | 30 replies
How I do listings changes very minimally, because I already did most of what this change will require.