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20 January 2025 | 1 reply
These marketers would have the novice investor believe that the narrow focused “education” they provide combined with the “holy grail” formula (wholesaling, subject to, flipping, lease option, discounted note purchase, etc.) is most, if not all, anyone needs to become “independent” and successful, usually by month 12.
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28 January 2025 | 15 replies
I'm struggling to understand some aspects of your response, but it provides some things to think about.
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21 January 2025 | 9 replies
I’m looking for a local mentor that I can learn from and provide value to so any suggestions on how to find one and pitch myself would be great as well!
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29 December 2024 | 7 replies
Private money lenders or construction loan specialists, on the other hand, are faster and more flexible, though their rates and terms will likely be less favorableFor a more rural area, local banks will almost certainly understand the market better, but connecting with private lenders who specialize in spec homes could provide more agility.
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5 February 2025 | 5 replies
If you die while holding the property, it gets a stepped up value and all the gain is tax free.If rental the taxes can be deferred via a 1031 and if you die while holding it, it gets the stepped up bases with gain forgiven.Hopefully the numbers provide some example of possibilities.
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31 January 2025 | 8 replies
When I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.
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23 January 2025 | 4 replies
I do intend to stay close to home - but home provides only annual opportunities and I’m looking for year round possibilities with tax deed properties.
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21 January 2025 | 0 replies
The idea would involve working together to construct a road that provides access to my property.From there, I’m considering developing a 16-unit multifamily project on my land.
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27 January 2025 | 5 replies
Alternatively, a private or hard money loan could provide faster funding if traditional lending timelines don’t work, with the option to refinance once the build is complete.
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23 January 2025 | 8 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.