Sherwin Gonzales
1031 Exchange Reinvestment Requirements
Happy Friday BP universe! I've got a 1031 exchange question...Do i have to purchase a replacement property equal to my sales price or just the amount of my capital gain?Say I bought my property for 400k.I sell it for ...
Abigail Gibson
Rolling money into a new deal through a 1031
Hey all - first time poster, long time listener. I would like to expand my portfolio but I have a hesitant partner so I am working on doing this slowly. I own a rental home, a personal residence that I turned into a r...
Trey Leigh
50% Rule and Cash Flow
If I understand the 50% rule correctly, half of your gross rents goes to expenses including a vacancy allowance, and the other half goes to P&I and cash flow.
Using this rule, what minimum cash flow do look for o...
You probably know Brandon Turner and David Greene as multimillionaire real estate investors. What you may not know, is that a decade ago this was a very different story. Brandon didn’t grow up in a wealthy family, and...
Wouldn’t it be nice to be a millionaire? Sitting under a palm tree, relaxing, with plenty of money set aside for you. To be in that position you not only have to escape the rat race but pledge to live a life of contin...
The road to financial independence isn’t always linear, but stoicism might be the secret ingredient that keeps you on track. This ancient philosophy gets a bad rap, but with its framework as your financial “operating ...
You don’t need a huge inheritance or nest egg to start investing in real estate. Just ask Cody Caswell, who landed his first deal at sixteen years old with only $5,000. This property gave him instant cash flow, but mo...
Sharad M.
How much should I offer on HUD home?
Hello all,
I have been following this HUD home for last couple of weeks. I plan to flip this property. It was originally listed for $55k. After I ran my numbers, I calculated my maximum purchase price of $42k. This p...
Pete Fiannaca
Financing for mid-size apartments (15-25 units)
Good Morning, Folks -Looking to see if anyone's willing to talk about how they got their foot in the door financing their first apartment building. I am a new investor (bought my first SFR in July) and am starting to ...
Joshua T.
How to keep contemporaneous logs for pass through tax deduction
I want to document my agent's and my own activities so I can claim the 20% Pass-Through Tax Deduction (aka Safe Harbor). I know the logs have to be contemporaneous. Wondering how others are doing this?