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25 January 2025 | 2 replies
Inherently the steps are the same as if you were purchasing with financing save potentially less closing costs and ability to close sooner (if needed).The terms of your offer (ie -contingencies, closing cost splits etc) will determine what is different.
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7 February 2025 | 25 replies
If you’ve been affected, please comment below, and we’ll find a way to connect privately to discuss next steps.
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7 February 2025 | 6 replies
•Your mother-in-law (as executor) and the estate’s other beneficiaries should also avoid selling the property immediately after the exchange to prevent IRS scrutiny.4.Best Next Steps•Consult a 1031 Exchange Qualified Intermediary (QI) – They specialize in structuring exchanges and can confirm if the estate’s sale qualifies.
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30 January 2025 | 7 replies
I’m not looking for a step-by-step guide, but I know I’m not the only one in this position.
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30 January 2025 | 6 replies
Reach out anytime agreed. i am unfamiliar with his markets but $220 does seem very low. a sf room mate/ BRRRR strategy seems more practical
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24 January 2025 | 6 replies
@Stephen PattonStarting in real estate can feel overwhelming, but breaking it down step by step is key.
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5 February 2025 | 16 replies
First off, congratulations on taking the first steps toward your rental journey!
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30 January 2025 | 13 replies
Nights, weekends, holidays, etc.To keep this on-topic, though...DO figure out what's healthy for you to manage but remember it's a process where every experience teaches you good and bad (and be patient with that process).DON'T sweat the small stuff (damage/costs under $50, undisclosed dogs, etc.) but DO find a way to learn, prevent, put in better practices to maintain your sanity.
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20 February 2025 | 11 replies
When you hire a licensed professional, you’re looking for two things - expertise and legal protection.You mentioned researching the market, finding comps, reviewing disclosures, etc...Each of these steps comes with nuances and, in my opinion, takes a ton of experience to master.
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28 January 2025 | 6 replies
Started with the flip business 2 years ago and going strong. id say start by practicing comps in your area, learn your market and go to real estate meetups.