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11 January 2025 | 49 replies
You invest in something else, for example in a more profitable place, and the you use the proceeds of the investment to buy a property in Costa Rica when you retire.
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1 January 2025 | 4 replies
Consult with a tax advisor or attorney familiar with both partnership law and real estate to ensure compliance and minimize tax liability.Once under a TIC structure, 1031 exchanges for individual members could allow them to reinvest proceeds from the sale of properties into new ones without triggering immediate capital gains taxes.
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2 January 2025 | 10 replies
If it happens again, they need to call the police again and you need to proceed with lease violations and work toward terminating their lease.
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5 January 2025 | 24 replies
Horror story #2: while selling off one of the Class C Indianapolis properties, buyer asked me to pay replace the sewer line before closing... absolutely not...here's a partial credit (check to written out to contractor from closing proceeds so buyers don't pocket the money)
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30 December 2024 | 8 replies
This includes marijuana.If you decide that the apartment would meet your needs and wish to proceed with the application process, we would need copies of a month’s worth of your most recent pay stubs and photo ID for all applicants aged 18+ (I can scan at the viewing).
31 December 2024 | 15 replies
Then I started to contact brokers that bought and sold Apartments complexes and proceeded to 1031 exchange all my Condos for Apartment complexes and told my story on BP Podcast 238 in 2017.
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22 December 2024 | 5 replies
I’ve heard lots of professional investors bash LoopNet but I’ve had multiple home runs from deals I picked up there.
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11 January 2025 | 19 replies
Of course, nobody forces you to tell a potential partner to tell the truth about what you're going to do with the proceeds of the sale.
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25 January 2025 | 155 replies
Morby had made statements earlier that he then proceeded to contradict himself with, such as contact with wholesalers, requirements in finding deals, requirements and criteria for new investors--who do not have real estate or wholesaling experience--in finding their own deals, etc.
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30 December 2024 | 11 replies
Any update on this question, I'm also in the same boat and would love to know how to proceed.