Bryan C.
How does a 1031 Exchange work?
8 January 2021 | 24 replies
You can exchange out of or into any of the following asset types: single family, multi-family, commercial office, retail shopping, industrial, vacant land, oil and gas interests, mineral rights, riparian water rights, and tenant-in-common investments, etc.
Hunter Perkinson
Hello BP, I am as new to the Real Estate game as they get.
13 December 2014 | 22 replies
Be sure to read through The Ultimate Beginner's Guide to Real Estate Investing to help you get started.Also - here's a couple articles you might enjoy:The 21 Best Real Estate Investing Books Ever How to Start Investing In Real Estate at a Young AgeFinally -be sure to setup some keyword alerts - especially for "Mineral" so you can jump into local conversations.See you around the forums!
Charlie MacPherson
Would you do this deal?
15 February 2015 | 10 replies
The panel may still be fuse blocks.2) significant new plumbing: you quite likely have a mixture of cast iron and galvanized waste lines (though copper is a possibility) and may have galvanized supply lines;3) envelope: the house will likely have no more than R5 insulation mineral batt insulation ... or worse, someone blew in UFFI in the 1970s ... and will not be air sealed;4) Roof: The roof will have been redone - likely 2-3 times ... multiple layers may still be up there ;-) There is also a good chance the roof is not correctly ventilated as closed soffits were the norm;5) Fenestration - If it has original windows and doors, they will be hugely inefficient (single glazed windows with storms)6) Interior: Our house was built in 1952 and they still used "Rock Board" with plaster over top on all the interior walls. 7) HVAC: Please tell me its not the original furnace or boiler;8) Landscaping : How have the grounds and outbuildings been maintained.You could be looking at a full gut to do this properly.
Dan H.
Buying 2-4plex as OO, existing tennants?
17 July 2012 | 6 replies
Sometimes the bank would prefer to have the units remain occupied, to produce some income until a buyer is found, and to also keep the place from being targeted by vandalism and scrap metal "miners".So there are advantages and disadvantages regardless of the approach.
Andrew Smith
I'm new!
9 November 2014 | 7 replies
Or how to get followers or people interested in helping me, guiding me, asking questions of mine, just help make this dream of mine reality.
Steve G.
Tax Sales, redemptions & Wholesaling
24 March 2018 | 19 replies
@Steve G the two year period only applies to homestead, agriculture use, and mineral rights.
Darmi Parikh
chris mcclatchey cleveland oh real estate program
25 February 2019 | 36 replies
@James Wise I seem to recall from my high school history lessons that those that got rich in the California gold rush were not the miners but those that sold the mining pan's hardware tac and other services to those that wanted to strike it rich.. ( now to be fair I went to high school in Cupertino CA and we learned CA history)...I have no clue on this system or this individual however its just a general comment that while folks can and do achieve great things in RE its generally folks like @Christopher McClatchey who have formal education means ( which is important) and ability to execute that get rich in Real Estate..
David Krulac
Have you heard that 90% of millionaires & billionaires made their money in Real Estate...
23 June 2016 | 19 replies
They owned all the mineral rights too.
Sam Leon
Harley biker as a tenant?
11 January 2015 | 12 replies
A friend of mine rents to a manager of a Harley store so he looks the part and makes great money, in fact the guy offered to buy the house off him.
Cal C.
Penny wise and Pound Foolish- Vacation Rentals Outer Banks
31 December 2014 | 6 replies
A colleague of mine rented a beach house with his extended family this past summer - 23 consecutive years in the same house.