Purchase price: $500,000 Cash invested: $150,000 Sale price: $965,000 This was an amazing fix and flip I did.

You must then close on one of those properties within 180 days of the initial sale of your property.

Look to see what comps are selling for, on rentometer to see what things are renting for.... look at where things were purchased and if sold quickly after what price the 2nd sale happened.

Second, make sure you understand the product quality that you're investing in.

Alternatively,  you can buy multiple smaller properties in a 1031 that combined add up to your initial sale value.  

For those who don't have cash, an interim lending product, hard money, can accomplish the same results.

If their earnings jump 10 percent, the stock price will likely rise 10 percent, again, reflecting a 15X multiple.In 2020-22, we saw vacation rental earnings skyrocket from their norms - some 2 or 3 times what they did in 2019, and the sales prices followed suit and went up by 2 or 3 times. 

All of these auction sales across in different cities have stopped being a place I pay attention to.

There is a 24 unit newly renovated property for sale that the owners paid 1.3 million for before they renovated it and now they’re asking 2.99 million.  

Do you still use a regular purchase and sale agreement with the original seller with any included addendums specifically for wholesaling, and are you legally required to verbally disclose to the seller and buyer or do these disclosures just have to be in the contract itself?