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29 May 2023 | 12 replies
Quote from @Steven Foster Wilson: Hey Giancarlo, welcome to BiggerPockets!
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31 May 2023 | 10 replies
Quote from @Steven Foster Wilson: Quote from @Rafal Soltysek: Is it good idea to buy now in Vegas or waited out ?...
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7 July 2023 | 12 replies
There’s a really good short book by @Dave Foster that will explain everything you need to know in a day.
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23 May 2023 | 49 replies
I am interested in fostering a relationship with wholesalers and relators with experience on the different markets in Canyon and Ada County.
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15 May 2023 | 2 replies
Quote from @Steven Foster Wilson: Quote from @Chase Freund: Hello BP, I am a real estate agent in the Kansas City market and work with out of state investors pretty frequently.
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22 February 2024 | 1 reply
Building a strong network and fostering meaningful partnerships can also open doors to new markets, innovative strategies, and valuable resources that can propel your real estate investment endeavors to new heights.
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20 July 2022 | 12 replies
@Nikki Closser I have tagged @Dave Foster on this as he is a QI and an expert in 1031 exchanges.
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15 August 2020 | 15 replies
I'm not an expert, so consult with the right professional like @Dave Foster, but below is my understanding. - Yon can avoid paying taxes if the same tax payer ID did the sale/purchase, so it's not about the LLC, but which tax payer ID sold the house, and which tax payer ID is going to purchase the replacement property. - You can exchange from 2 properties to one, or 1 property to two.- When yo sell a property for $100k, regardless of your profit or loss from the property, you have to exchange it to a property (or properties) of $100k or more, or you could owe some tax.- You only have 45 days to identify the right property/properties.There's more rule, and you pretty much have to use a 1031 exchange intermediary.
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5 January 2024 | 1 reply
This unpredictability, while fostering diverse ideas, demands careful management.Some applications in Real Estate -1) Lead Qualification: AI can manage initial text-based interactions with potential leads, streamlining the qualification process. 2) Data Processing and Analysis: AI enhances data-heavy tasks like lead generation. 3) Deal Evaluation and Underwriting: AI aids in analyzing financial statements for preliminary assessments.AI: A Tool, Not a Cure-all -It's crucial to understand that AI is a tool, not a miracle worker.