Kenneth Hynes
1031 into DST info
10 November 2020 | 5 replies
DSTs could also be a great option to "clear out your Qualified Intermediary account" to satisfy the debt and equity replacement requirements of the exchange, as you can fund the portfolio with an exact (to the penny) amount of equity.
Scott Stevens
Should I file complaints on this selling agent/Realtor?
20 October 2020 | 9 replies
I'd be careful about looking for any sort of cash payment in exchange for not filing a complaint as that looks an awful lot like blackmail.If you're ready to sell, I'd find a more ethical agent and tell the first one to kick rocks.
Mike Harris
A Question For Real Estate Agents/Investors
20 October 2020 | 10 replies
But you can’t just look at the top / elite salespeople and say “I can do that no problem” and bet your income on it.Those top percent really hustle, even have to pay for additional staff to help them, and generally pay for additional advertising and services (eg professional photos, etc)Good luck.
Pedro Cardoso
sHouse Hacking in Greater Los Angeles under 500k
16 January 2021 | 14 replies
If my options are pay $150 PMI or 15% more downpayment I will bet the $150 for the next 3 years as we are in a mkt where appreciation is no less than 5% annually.
Emmanuel Enos
What is and How to use a 1031
20 October 2020 | 5 replies
You use the 1031 exchange to sell investment property that has either appreciated in price or has been depreciated (tax write off) heavily.
Ryan Wosick
How will the election affect real estate?
20 October 2020 | 3 replies
Given that Trump is all about business and made his billions off of real estate, it would be hard to imagine him hurting the real estate market.On the other hand, I have heard Biden has a plan to get rid of the 1031 exchange, it may only be for those making $400,000 or more, but without looking further into it I cannot say for sure.I would recommend doing some research on both candidate's proposed policies to help determine if what they are proposing will be good or bad for REI.Forrest
Jesse Felix
In RE school... expectations when I finish PLEASE HELP
21 October 2020 | 2 replies
I bet local lenders, inspectors, title companies, and insurance folks would have a similar read.
Torre Samonek
Contractors in Vallejo, Ca
23 October 2020 | 3 replies
Maybe we can exchange my weekend labor for some local investor education let me know what your projects/time frames look like :)
William Schlicher
First 1031 and advice on options
23 October 2020 | 4 replies
You could invest in turnkey rentals in another market, but the 1031 exchange timing is difficult to align with those companies.
Zac Domingo
House Hack with 4, 6 or 8 investors.
20 October 2020 | 3 replies
So I would like to have us all on the loan together and buy a fixer multifamily that we can all work on together to continually exchange.