Namal Burman
when does 1031 exchange make sense?
Couple of question i have regarding 1031 exchange? Hope someone expert in Real Estate can guide me1)Who act like qualified intermediary? is it a real estate agent or escrow company?2)What is the cost for qualified int...
Cody Z.
What is your WHY? What keeps you going?
Hi All,
I know for a lot of people in the STR game, Cash flow, ROI, and W-2 freedom are the key focus, but I am curious what the bigger WHY is for folks outside of those things?
I am trying to narrow down my big why...
Steve Wilmers
Location vs cash flow
Hey all,
I'm curious to see what everybody thinks about the location of a property vs the cash flow it produces.
A property I'm currently looking at could be considered the nicest house on the block, especially wit...
Nic S.
Why are Pro Formas so misleading?
Maybe this is more a vent session but being a new investor I'm shocked that Pro Formas are as misleading as they are.I'm dealing with sellers who are selling to investors but their Pro Formas are written as if they we...
Giuseppe Rosellini
Can you change the name on the title of a home without penalties?
A family member wanted to change the title of ownership on a home in CA without penalties in order to sell the home and move. As far as I know there are penalties that come with this, any advice? for context, the pers...
Michael Chase
Successful Wholesaler Daily Activities
As a full-time wholesaler I understand the importance of time management and discipline in this business. As a wholesaler, my primary goal is to find motivated sellers with equity in their home. Am I correct so far...
Jason Thompson
Assignment or Double Close
I am trying to establish myself as a virtual wholesaler in NC through agent outreach. I have reviewed the standard APS, and a section explicitly states the contract cannot be assigned. Through the agent outreach metho...
Geeta Sharma
Rental by room in austin
Hi friends, is there anyone who rent their property by room to get a positive cash flow? What’s the process and where do you list?
Jeff Ostreim
Depreciation question
Hello everyone. I purchased a 9 unit apartment on 12/21 of last year. I have a few questions regarding taxes and depreciation.1. Do I need to file taxes for the property when I didn't earn anything the first 10 day...
Lonnie Carter
STR Taxes and Financing Options
Looking to purchase our first STR. Are their tax advantages to financing as a conventional rental property with 20% down vs a vacation home with 10% down? How does depreciation work on STR's and does the financing s...