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18 February 2025 | 2 replies
If I do, I need to sell it by July 2026 in order to not have cap gains.
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2 January 2025 | 1 reply
Questions like this often get better and more actionable responses.Also, keep in mind that while this site is an incredible resource, opinions can sometimes come across as blunt.
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17 February 2025 | 4 replies
I tell people to start by picking a strategy (OOS long term, OOS short term rental, fix and flip, etc) THEN pick a market and submarket THEN look for good tools/people, doing it any other order tends to be an exercise in futility.
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11 February 2025 | 7 replies
In your proposed case you would be compounding this negative position by taking away the best source of financing for a large percentage of potential buyers.
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23 February 2025 | 39 replies
"Wholesaler" has been ruined by the masses.
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3 January 2025 | 5 replies
Learn learn learn and always take action
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22 February 2025 | 0 replies
I have read a bunch of books (many by BP) but if you have an resources I should evaluate, please let me know.
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18 February 2025 | 4 replies
It's advisable to formalize the partnership with a legal agreement, ideally drafted by an attorney.
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12 February 2025 | 2 replies
That being said, I've flipped leasehold condos before- both by keeping them as leaseholds and by buying out the fee.