
19 July 2024 | 17 replies
I strongly belive in the powe rof buy and hold, long term rentals, only cashing out to fund more real estate, and the power of Section 1031 Tax Free Exchange.David KrulacBigger Pockets Podcast #82

17 July 2024 | 0 replies
Details Arbitration deal w/option to close whenever within 6 years at the pre-agreed purchase price.

17 July 2024 | 5 replies
A broker can shop this out with multiple lenders depending on your situation.

19 July 2024 | 0 replies
Plan for the Long TermTax Planning: Understand tax implications and consider strategies such as 1031 exchanges for deferring capital gains taxes.Estate Planning: Develop a plan for passing on your real estate investments to heirs.Additional Tips:Stay Disciplined: Stick to your investment plan and avoid making emotional decisions.Continuous Learning: Real estate markets evolve, so stay updated with industry trends and regulations.Risk Management: Be aware of risks such as vacancies, unexpected expenses, and interest rate fluctuations.By following these steps and remaining committed to your goals, you can progressively build wealth and achieve financial freedom through real estate investing.

19 July 2024 | 5 replies
How much depends on the answer to the questions.Why does the handyman need to book the repairs over 3 days?

19 July 2024 | 11 replies
I have had a couple of opportunities to market similar properties time on the market, desirability etc and having a sharp property with decent ceiling fans helps.I think it depends some on the property and the target audience as I have investors with lower priced multi-units with no fans on purpose that work out very well.

17 July 2024 | 20 replies
If you can come out with $10,000 - $15,000 in cash, after-tax, in you bank account, BEYOND the amount that you will be putting down on the property (the 3.5% down PLUS $10K cushion), you are probably getting to the point where you can make a house-hack purchase where the risk/reward is in your favor.

17 July 2024 | 37 replies
But still preserve the tax deferral of the 1031 exchange.

18 July 2024 | 4 replies
This in part will depend on how good the deal is and what they other parteies other options are.

16 July 2024 | 12 replies
@Jorge F RodriguezI would make sure you live in it for at least 2 years to avoid capital gains taxes, then sell the property.