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21 October 2024 | 0 replies
Purchase price: $241,500 Cash invested: $8,452 This was my family's starter home, which we kept and now rent out.
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21 October 2024 | 6 replies
I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (and thus qualifies for the sec. 121 primary sales tax exemption of up to $250k for single filers) vs the time it was being rented (which qualifies for 1031 exchange) and claim both benefits. https://hcsequity.com/blog/combining-1031-exchange-with-121-....How does this work for a multi-family?
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22 October 2024 | 3 replies
This is usually done through a series of videos (we provide the scripts) before telling them to sell their house to you over your competitors.Other clients, who don't feel comfortable recording videos, can still get good results but it's done through images / infographics and other content that helps build your brand and authority.How are you generating MS leads these days?
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22 October 2024 | 6 replies
This is a great place to learn and further investigate investing in real estate.
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8 October 2024 | 13 replies
Would like to hear what are some key things to be aware of in this area when selling/buying properties?
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21 October 2024 | 8 replies
Would a property like this be better suited for long-term or short-term rentals in your experience?
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23 October 2024 | 4 replies
This means a potential all cash deal, which is a huge waste of money.
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23 October 2024 | 4 replies
Network and try to find a mentor in these groups or wherever you can to help guide you through this industry as an investor.
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21 October 2024 | 2 replies
This question has come up a few times with prospective clients recently, so I thought I'd shed some light on it.Generally, being an employee in a real estate business does not automatically qualify you for REPS unless you own at least 5% of the employer.
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22 October 2024 | 3 replies
Are you looking to use this strategy continuously or as a 1 off.