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17 June 2024 | 3 replies
Very few people move out of storage in the middle of the winter and all locations around are full.
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16 June 2024 | 10 replies
Since I’ve increased my deal flow to a significant degree, I find that this technique eliminates the wasted time and effort of dealing with people who aren’t highly motivated to close a transaction.
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16 June 2024 | 3 replies
Trying to convince people that permitted work is better is like beating your head against a wall.
17 June 2024 | 9 replies
@Patrick Irish based on what you say, the Sec 121 Exclusion and the 1031 Exchange both seem like they'd be good options for you to defer capital gains on sale of the townhouse.Sec 121 Exclusion has 3 requirements: First, Determine whether any of the automatic disqualifications apply (acquired property through 1031 exchange in last 5 years, or subject to Expat taxes)Next, meet the ownership requirement -> you owned the home for at least 24 months (2 years) out of the last 5 years leading up to the date of sale (date of the closing)Finally, meet the residence requirement -> owned the home and used it as your residence for at least 24 months (or 730 days) of the previous 5 yearsThere is no “Wiggle Room” but there is a Sec 121 “partial exclusion” for people like you that missed the residence requirement by a few months.
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15 June 2024 | 10 replies
For people who have at least one investment property, what is one thing you wish you knew before making that first investment and/or one thing you would've done differently for that first investment property?
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16 June 2024 | 27 replies
I did what people who were successful suggested I do, and it worked.
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16 June 2024 | 2 replies
I'm a multifamily analyst for a bank that originates all sorts of real estate loans, and I am looking to connect with people that have a passion for real estate and money.
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16 June 2024 | 4 replies
The unit I want to occupy has 3 people living in it, when is it safe to give them a notice to vacate and does anyone have a template for this?
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16 June 2024 | 14 replies
Lot of people don't take action because they don't have knowledge to take action...