David Matthew
Thoughts on my 1031 re-invest strategy?
2 November 2024 | 19 replies
I’ve considered lots of options (all real estate based since I can do a 1031 exchange and avoid the capital gains tax).
Christian Gibbs
Can’t find renters for our 3 bedroom in a rural community: Should I put it on airbnb?
7 November 2024 | 30 replies
Furthermore once the 1031 intermediary get their cut and you also pay two sets of closing costs ( buyers now have to pay closing costs in some states ) as opposed to just one closing cost ( if not doing the 1031) it might be a “half a dozen vs 6 of the other “ scenario .Also one of the turn offs to the 1031 exchange is the interest rate will be much higher with todays rates especially since we would have to get an investment property loan which are higher than “ primary residence “ loans ..Will probably lower the rent asap ( have one more showing ) and then put it on the market .Thanks for the great advice Christian
Phil Wrigley
Guesty / hostaway / hospitable?? Help!
8 November 2024 | 47 replies
Cost wise they are all very comparable, maybe $5 difference per unit per month and in exchange you may have a little more or less features.They all have similar features (comparing the pro version).
Steve Schmidt
Advice Needed on Selling Note Partial
1 November 2024 | 19 replies
It offers a secure and transparent process for both buyers and sellers.NoteTrader Exchange: An online marketplace where you can list your note for potential buyers.LoanMLS: A marketplace for buying and selling mortgage loans and notes.FCI Exchange: Another platform where you can list and sell your notes to investors.Note Investing Forums and CommunitiesBiggerPockets: A popular real estate investing community where you can network with potential note buyers.LinkedIn Groups: Join groups focused on note investing and real estate to connect with potential buyers.National Note Group: An online community where you can connect with other note investors.Note Brokers and BuyersNote Brokers: Engage with reputable note brokers who have access to a network of note buyers.Local Real Estate Investor Groups: Attend meetings and network with local investors who might be interested in purchasing your note.Financial InstitutionsCredit Unions and Community Banks: These institutions may be interested in purchasing performing notes.Private Equity Firms: Some firms specialize in acquiring performing mortgage notes.I hope this give some direction regarding your situation.
Logan Turner
1 position performing note, typical discount?
4 November 2024 | 26 replies
@Blake Choisnet Paperstac is one exchange site.
Kim Hardman
North Texas - Ready to Get Started!!
1 November 2024 | 11 replies
We have a GroupMe in DFW that we exchange ideas and it is an easy way to get direct support from other investors in the area.How to choose the write strategy, you have to educate yourself and create a good team around you that you can trust.Feel free to DM me for access to the groupme.
Brandon Weis
Exercise Equipment: Function vs Aesthetic
2 November 2024 | 9 replies
Is there a full-sized gym nearby that would be willing to waive their start-up fees for your residents in exchange for a referral from you?
Andres Ospina
BRRR on multi family to long term rental
31 October 2024 | 0 replies
I agreed to take out an under ground storage tank in exchange for a lower price.
Michael Belz
Hello BiggerPockets! New PRO here
31 October 2024 | 4 replies
Looking forward to seeing you around and exchanging ideas!
Tyler Bailey
To Sell or not to sell *Looking for Recommendations*
31 October 2024 | 9 replies
Knowing this information, should I sell and take 300k(ish) to a bigger multifamily or apartment via 1031 exchange?