Mike Auerbach
Here is when I wouldn't do a 1031 Exchange
20 May 2024 | 4 replies
So I said its probably best to just pay the tax.If an investor overpay a ton, just to save on taxes, most likely they'll be inflicting significant financial damage to their portfolio… it’s probably best to opt out and pay the tax.1031s aren't structured in a way that makes someone "overpay" - it mainly comes down to poor planning which puts them in that situationNever let the tax tail wag the dog!
Andre Hammond
New Property Owner Real Estate Imvestor
22 May 2024 | 14 replies
Not even money orders because they can be reversed just like a VISA/ Mastercard payment.
Robert Muzyka
Where to find Probate lists for marketing
22 May 2024 | 2 replies
If you have more time than money, this is the free way to do it.If you value your time, then use one of the paid sites, like flsonline, foreclosures daily, or a host of other data providers.
Alison S
Quitclaim deed uninsured title question
22 May 2024 | 4 replies
Title company is asking for an Uninsured Title affadavit to refi out of a hard money loan.
Hyeseong Park
Regarding Cashout refinancing
22 May 2024 | 10 replies
The lure of easy money and scaling too quickly is the most likely path to being a forced seller.
Carlos Oliva
Refi or Home Equity
20 May 2024 | 6 replies
In either scenario you want to make sure you account for the "cost" of the money in your deal analysis so you account for your HELOC or mortgage payments.
Michael M.
Turning Primary Residence to Rental
21 May 2024 | 25 replies
If the house is located in prime area, perhaps STR would makes sense with some tax loopholes that you can achieve and save.
George Turner
Advice on first property investment (house hacking) - Denver, CO
23 May 2024 | 7 replies
Have clear goals like what cap rate you want, how much money you hope to make, and where in Denver you prefer to buy.
Jerry Beevers
Third party owner financing question
22 May 2024 | 2 replies
Its the same process as if you were using a bank but the money is coming from another entity or person and not a bank.
Benjamin Hirsch
Kitchen Cabinet Dealer
20 May 2024 | 3 replies
Even if you lose money on the issue/deal, hopefully the investor makes note and uses you again.