Rachael K.
Legal to move into my 1031 exchange- Safe Harbor clarification- capital gains
5 December 2024 | 13 replies
Property 2 (CA SFH $1.8M FMV, $300k basis, 1992-2020 primary residence, 2020-current rental, my elderly mother (WA resident) is sole owner)1031 to WA, rent 1 year before converting to primary (or more desirable 2ndary) residence.
John McKee
My dilemma of trying to refinance a commercial property
30 November 2024 | 14 replies
So even though rent went down value went up with more desirable tenant.
Josh Willis
How to get started in real estate with only $10k
3 December 2024 | 15 replies
We just bought a house in a highly desired older neighborhood.The owner agreed to owner finance it with 5k down over 5 years at 0% interest.We did put some money into the house to fix it up some.The rental income will cover the payments.Always ask for owner financing, the answer might surprise you.Work with money partners to do more deals.Join your local Real Estate Club and learn new techniques and grow your network.
Jonah Gunalda
ER doctor hoping to diversify in passive real estate!
10 December 2024 | 25 replies
Your desire for control and liquidity are likely the two biggest assessments you need to make first, as this will start to narrow down your choices very quickly.
Jerry Shen
Buying RE with Bitcoin
9 December 2024 | 166 replies
They are still insecure to those of us who know what they are doing & have a desire to steal bitcoins.
Sonja Revells
Dun & Bradstreet #
25 November 2024 | 5 replies
Focus on building strong business credit through timely payments, low debt levels, and solid financial records, which carry more weight than the name alone in establishing creditworthiness.This post does not create a CPA-Client relationship.
Jason S.
Flat Broke and No Funds...What to do???
11 December 2024 | 68 replies
Study financing, Study Wholesaling (if that is something you desire to attack), listen to Podcast.If your FICO is 640 ish, in 6 months you can be around 670-690 by aggressively paying down debt and getting a bit frugal for those months.
Joshua Morency
House Hacking In New York City?
29 November 2024 | 7 replies
Just make sure you try to househack in a desirable area where people will pay a high amount per bedroom.
Paul Merriwether
Has anyone heard of Scott Jelinek and his Slow Flip strategy?
2 December 2024 | 34 replies
Some use them as rentals.the biggest reason for doing things this way is a traditional bank won’t loan on property that won’t appraise at their desired price.
Mitch Holmes
Bag of cash but no W2
27 November 2024 | 10 replies
In my ideal scenario, I would do some more entry level projects to start off while I learn the ins and outs, but my goal would be to eventually work on more luxury flips - larger scaled projects in more desirable neighborhoods (though fewer and farther between).