Ilina Shrestha
First time investor- lost & confused
28 January 2025 | 6 replies
Yes, Oklahoma is a great market to consider, especially for multifamily properties:Affordability: Oklahoma City (OKC) and Tulsa have duplexes and small apartment buildings within a reasonable price range.Landlord-Friendly Laws: Makes property management less stressful.Stable Cash Flow: Properties in Oklahoma often meet or exceed the 1% rule, providing consistent rental income.Growing Economy: Both cities are seeing population and job growth, boosting demand for rentals.Tips for Getting Started:Do Your Homework: Use tools like BiggerPockets calculators to analyze deals and ensure cash flow.Focus on Neighborhoods: In OKC, check areas like Yukon, Edmond, or Midwest City.
Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
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.
Steve S.
What type of locks do you use for external doors on your rentals?
25 January 2025 | 18 replies
While they aren't the cheapest when you first buy them, Kwikset has locks that are easy to rekey without installing a new set of locks.
Alon Saar
Where to Start?
28 January 2025 | 3 replies
If you have the right team, your job as an investor should be pretty easy: 1.
James Boreno
Do I have to pay Capital Gains?
27 January 2025 | 6 replies
However, if you sell instead of rebuilding, the IRS may include part of the payout in your taxable gain unless reinvested under the §1033 involuntary conversion rules, which allow you to defer taxes by purchasing a similar property within two years.If the property was your primary residence, you may exclude up to $250K (single) or $500K (married) of gains if you lived there for at least 2 of the last 5 years, likely resulting in no taxes owed.
David Hori
Is Pace Morby a Scam?
10 February 2025 | 120 replies
She's great and free (sure there is a paid option - Of course).Also, keep in mind that some mentorships are lifelong and have conduct rules.
Collin Hays
I fired dynamic pricing today
2 February 2025 | 20 replies
I think it is easy to become overly reliable on these tools and just let it run.
Jason Thomas
I am new and want to learn and get a deal for 2025 with good guidance
29 January 2025 | 6 replies
A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.
Brandon Larson
Please Help: Property Management Policy Binder
30 January 2025 | 8 replies
If you're the only one in your company, this may not be necessary since you set the rules.
Ian Reeves
Looking to connect with Canadians interested in investing in Kansas City
20 January 2025 | 1 reply
Short of that, you may target employees of Canada-based companies with a presence in KC (this is easy to find on LinkedIn).