They would be your boots on the ground.

hi auction newbie, - is it possible to participate in bidding administratively, while out of country, (if ofcourse i have the right boots on the ground locally)?

Boots on the ground How did you finance this deal?

Greetings all and Happiest New Year!In 2022, I pulled out a $95k HELOC (Adjustable Rate) as Down-payment to buy a duplex for rental income. However, since the fed keeps raising rates, the payment has gone from $325 to...

Or would that mean I get taxed on a boot of 100K, which in return would get cancelled out because I had a 100K expense?

Any reduction in debt or cash received may be considered taxable boot, resulting in potential tax liabilities.Qualified Use Requirement: Both the relinquished and replacement properties must meet the requirement of being held for investment or used in a trade or business.

Property 1: $1,900 - rent / no debt / value 420k+ / Cannot sellProperty 2:  $2,800 - rent / PMI - $1,857 / 300k mortgage 2.5% / 590k+ value / Leased month to monthProperty 3: $3,700 - rent / PMI - $3,162 / Primary, $450k mortgage 5.3875% / 650k+ value / House hack room by room rentalW-2 income is 6k per month75k cashI have identified a property in Wyoming (family there/boots on the ground) for 150k and a rehab of 65k.

If you are planning to actively manage, ensure you have some good resources/boots on the ground in the market you are investing in. 

I recently completed the BP Real Estate Rookie Boot Camp and I am super excited to put what I have learned to work! 

I run a property management company in Boise, ID and have found that there are generally two PM options: low monthly % fee usually equates to poor service and being fee'd to death for everything else, making the cost higher than a PM at a higher %, but with terrible service to boot.