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9 January 2025 | 5 replies
I made some videos on the renovation and overall process - happy to share those with you and answer questions about my experience.
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12 January 2025 | 13 replies
The rules are designed to prevent related parties from engaging in exchanges that shift high basis property for low basis property, followed by a sale of the low basis property, effectively "cashing out" without recognizing gain.If you sell a property to a related party as part of a 1031 exchange, both you and the related party must hold the exchanged properties for at least two years following the exchange.
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27 January 2025 | 29 replies
However, before I engage with this company I wanted to ask the BP community if anyone had dealt with them or has any feedback on them.
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3 January 2025 | 26 replies
Watch as many Brandon Turner and David Greene videos as you can on BRRRR.
6 January 2025 | 1 reply
, the more likely people will respond with valuable insights.Network actively: Join local investor meetups, online forums (like BiggerPockets), and social media groups focused on real estate to start engaging in conversations.Be open to learning: Real estate investing is a dynamic field, and the more you learn, the more you'll realize there’s to know!
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8 January 2025 | 14 replies
You need to watch this video from an attorney on why insurance is not the answer to protecting a property from a lawsuit.
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29 January 2025 | 14 replies
@Chan Park this can all be handled via phone, pics, preferably narrated video - you shouldn't need to go and see it yourself.
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2 January 2025 | 3 replies
Hey @Chi Lo - I actually have a video on my YouTube page about this (lookup ClosedByMo on YouTube).Regarding walls being damp and waterproofed, it means there needs to be waterproofing on the basement retainer walls (this is something you can do post-construction and the contractors would need to dig around the house exposing the basement/foundation to apply the waterproofing).
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10 January 2025 | 8 replies
And agents are legally prohibited to engage after closing - at least per Wisconsin State law.
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17 January 2025 | 37 replies
These files were standardized forms that many other lenders in the past have given me up front or not long after the initial engagement.