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13 February 2024 | 5 replies
Is there any specific strategies you are interested in using?
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13 February 2024 | 5 replies
However you do have the opportunity to look at a 1031 exchange which would indefinitely defer all of the tax on that $240K gain.Selling one larger property to use the proceeds to purchase several smaller properties is a classic 1031 strategy called a diversification exchange.
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13 February 2024 | 28 replies
The most common strategy here would be to do:1.
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13 February 2024 | 6 replies
Some options here - What is the rental strategy - is it leased or vacant?
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13 February 2024 | 19 replies
Some alternatives you could consider are Mid Term Rentals (nurses/insurance stays), Short Term Rentals, or a Rent by the Room strategy.
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13 February 2024 | 7 replies
For example, our thinking was buy $450k property, spend $60-90k in conversion and generate $3500-$4000 in rentals so that there is positive cashflow.Would you recommend any other strategy in Tacoma,Puyallup, Auburn area for positive cashflow?
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13 February 2024 | 14 replies
There is a vast ocean of overwhelming information here and I think I'd like to start performing the BRRRR method/house hack strategy.
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13 February 2024 | 25 replies
And could you use the BRRRR strategy on this as well?
13 February 2024 | 1 reply
Hi Guys, Need some help.I own a condo and a triplex (both put down 20 percent in December 2021)They are both on variable interest (which was a terrible move looking back now as both monthly payments have gone up by at least $1000.I work in real estate as a project manager for renovations on apartment units.How do i make real estate investing (on my own) or another career path in real estate an option as i want to work for myself.I am from canada and would love to learn more on analyzing properties, tax strategies etc.thanks
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13 February 2024 | 37 replies
If anyone has any advice or strategies I should be looking at I would greatly appreciate it.