
11 October 2024 | 41 replies
It seems like a great market for that despite the property taxes.

11 October 2024 | 2 replies
They promise my growing Roth IRA account balance becomes a floor and protects my account balance from being negatively impacted by market changes.

5 October 2024 | 7 replies
Your local market is a good start!

11 October 2024 | 2 replies
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.Under the proposed bill, an additional 25% tax would be imposed on the gain from the sale of a qualified asset (including homes) within three years of the previous sale.The tax reduction is dependent on the number of years passed since the initial purchase of the qualified asset, ranging from a 20% reduction for sales occurring between 3.01 to 4 years to a 100% reduction for sales occurring more than seven years after the initial purchase.The revenues generated by this tax increase would be deposited into the Speculation Recapture Community Reinvestment Fund, which aims to support affordable housing, local governments, schools, and infrastructure projects.The bill is introduced by Assembly Member Ward, and the proposed tax changes would take effect from January 1, 2023.Assembly Member Ward argues that short-term investors in the market, including fix and flip investors, contribute to rising housing prices, limiting opportunities for Californians to purchase homes.While the bill may discourage short-term speculative transactions, it is worth noting that California's tax laws still provide certain advantages for investors, including unlimited tax write-offs and depreciation benefits.The bill is subject to legislative approval, and Assembly Member Ward will speak publicly about the bill at the San Diego County Administration Center on a specified date.Please note that this is a simplified summary of the bill and its potential impact on fix and flip investors.

11 October 2024 | 4 replies
I’m looking to start out and connect with others that are in my market as well as the surrounding smaller cities such as Sanford and rocky mount.I’m looking to finally get some doors of my own as well as maybe do a couple flips.

12 October 2024 | 16 replies
It seems that since rates are falling you should be able to do better than I did. 7.75 is very high in the market as of today.

10 October 2024 | 17 replies
I’d also recommend looking into off-season demand, as coastal markets can fluctuate.

12 October 2024 | 54 replies
The mindful approach to real estate investing, off-market acquisition strategies and dialogues, asset hunting, flipping on a small scale, negotiating🙌 What are you most looking to get out of BPCON 2024I was on a panel at BPCON23 with Devon, Leka, Anson, and Henry, but this year I am just in the crowd and always looking to make deeper connections, especially with all of the attendees who I have had on my podcast over 170 episodes🤝 Fill in the blank: If I could make a great connection with someone who is an expert in _________ at BPCON2024 then I would leave BPCON happyI am getting back into the STR game and have been investing in syndications over the past year, so both of those tracks are in focus for meSee you there!

8 October 2024 | 36 replies
Apparently the OP has been over whelmed with calls and texts from solicitors, marketers, etc. as a property owner.

11 October 2024 | 2 replies
I haven’t marketed the unit yet, I fell into this applicant by chance so I’m sure I can get an applicant that will meet my 3X requirement.