Hello BiggerPockets family!My wife and I are new to the forum and have been listening to the show over the past six months, and we have been motivated by all the success stories from you all! Congratulations to your c...

The capital stack especially in CA is VERY complex and typically involves everything and more that you mentioned.

In hot markets, some wholesalers and investors use 80-85% of ARV (minus repairs) instead of the typical 70% to stay competitive.A few tips:1.

., equipment) are excluded from 1031 treatment and are taxed separately—goodwill is typically taxed as a capital gain, while equipment may be subject to depreciation recapture taxed as ordinary income.To minimize taxes on the sale of the business, consider strategies such as Opportunity Zone investments, which defer gains until 2026 if proceeds are reinvested in a Qualified Opportunity Fund (QOF), or structuring the sale as an installment agreement to spread taxable income over multiple years.

Happy to help. 

I don't know everything ( I'm better on the construction/building/renovation side of things) but DM me if this is something you are interested in doing and I will help anyway that I can!

As for the areas to target, my goal in getting our feet wet as real estate investors--and since we plan to be living in Sac--is to find a property we can live in while renting out one or more units to help cover our housing expenses, which we can then hold and continue to rent out when we move.

Typically, I also avoid paid education because there is so much free content.

I get a lot of applications from out-of-area people, typically moving from another state.

These are typically interest only and require a payment of 1-4 points up front depending on your area and the PML.