I saw water rights (no land) for sale on 40 acres near Greeley being sold for $1.6 million earlier this week.Folks don't agree with me, but Denver Metro is tough to make money on at the moment - it's like squeezing blood from a turnip.I bought a house about two years ago in Fort Morgan - bank foreclosure for $22,500. 

While the 2017 housing market was marked by renewed optimism fueled by stock market strength, higher wages and a competitive environment for home sales, 2018 delivered a more seasoned prudence toward residential real estate.

That could trigger the IRS to not count the sale as a true 1031 exchange.

If you have a mortgage on it, you can still do the quit claim but just know that you are opening your self up for your lender to exercise due on sale clause even though it is technically not a sale.

I get it, I've used it on Short Sales where if they come back 9 months later with approval and I've bought a house, then I use inspection to get out of it.

There is a property for sale at 165k right down the street that's in decent condition but pre-rehab.We've pulled comps and have an ARV of $225,519I appreciate any insight given!

Think about your math. 3% or 6% of the entire sales price of a house, vs a referral fee.

I owned my own manufacturing business for 16 years until finally calling it quits about 6 years ago due to dwindling sales brought on by the recession, which turned out to be a blessing in that it led me to a career I thoroughly enjoy and was meant to do.I started thinking about real estate while selling a piece of commercial land I owned. 

Jobs interested in: Tradesmen job, ie plumber, carpenter, gc... sales, property management for larger firm or mid level managers. 

Also, I understand I would be at risk of the "Due on sale" clause, but it is rarely called, correct?