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15 November 2024 | 7 replies
A 1033 exchange is specifically for involuntary conversions and catastrophic loss situations like yours.
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17 November 2024 | 9 replies
The contract states “listing broker compensation shall be paid if property is sold, exchanged, conveyed within 30 days after the expiration of the listing agreement or termination of this agreement etc etc etc etc”- our listing agreement was set to expire on November 30, 2024 but we terminated it early- does this mean he will be owed commission if one of the buyers ends up buying my house on say January 1?
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20 November 2024 | 27 replies
FB Marketplace is probably your best bet - You can try craigslist too but at least with FB you can do a quick scan of someone's profile before talking to them.
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21 November 2024 | 20 replies
Purchase preforming notes capped at half your total deployable capital (150K)Then sale the future revenue of those notes through note exchanges, doing this will allow you to hedge the US real estate volatility while turning a profit from the market
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18 November 2024 | 6 replies
Quick cash on a flip is going to 1. give you more cash to play with vs HELOC interest rates 2. give you an opportunity to 1031 exchange into your next investment.
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20 November 2024 | 11 replies
While doing an Airbnb seems like a good idea it does not resolve the issue of the divorce and splitting the propertyI still think your best bet is to drop the price and sell it and start your life over.
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21 November 2024 | 14 replies
15 acres for a lot sounds huge to me and I'll bet you could be missing out on some extra $ by not getting more lots.
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20 November 2024 | 37 replies
I’m also not a fan of buying a property that loses money every month, while hoping for appreciation and betting that interest rates will fall.
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17 November 2024 | 7 replies
Do they have the necessary resources to stay on top of all the tax issues such as 1031 exchanges, 754 Step-Ups, etc.Feel free to send me a private message if you have any questions here.A couple articles you can read that will be helpful:https://www.biggerpockets.com/forums/51/topics/1206189-cost-...https://www.biggerpockets.com/forums/51/topics/1204912-how-t...
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19 November 2024 | 11 replies
It's hard to say for sure without knowing your market numbers, but I would bet you if you looked at a 10 year projection, you will probably have a better ROI with the equity in 2 houses as opposed to the equity and cash flow with one.