Spencer Fuller
House Hacking, Section 121 Exclusion, & 1031 Exchange
Hello,I would like to understand how the section 121 exclusion and 1031 exchange could be applied to a 3 bedroom condo that I own. I lived in the condo as a primary residence for two and a half years, so therefore qua...
Ryan Cleary
Risks of buying a two family home with an illegal third unit
As an agent, I am working with a buyer who is showing interest in a particular home that is a legal two family, the basement is set up as an illegal third unit. Being that the property is located in New York, what are...
Ricky B.
Asking for help regarding 1031/121 Exchange
Here is my scenario:- I sell my duplex which I owned for 7 years - I lived in the 2/3 portion and use the remaining 1/3 for rental all 7 years- Selling price 1 mil.- Am I correct that I can 1031 the 1/3 rental portion...
Joey English
Should you use a handyman?
Should you use a handy man?Lately I’ve had a hard time finding a good, consistent, and affordable painter that’s not booked three months out.This issue led me to do I don’t normally do – I called a handyman service fo...
Rob Bergeron
Industrial Real Estate Expected To Have A Record Breaking Year
https://insiderlouisville.com/economy/report-indus...“Proximity to UPS Worldport is a factor,” said Kevin Grove, senior vice president at CBRE in Louisville. “Proximity to two-thirds of the entire U.S. population in a...
Hersh M.
New home sales surge to highest level in 10 years
https://www.cnbc.com/2017/10/25/new-homes-sales-se...I find this fact interesting - "More than two-thirds of the new homes sold last month were either under construction or yet to be started."Sounds like a stampede on...
Cole Black
The 2/3 rule, my way of getting into investing
For the two thirds rule an investor must take they’re cash flow and split it in 3, whether it’s money from a job or cash flow from there property all money that you can afford to spend gets split in three. Two thirds ...
David Krulac
Earn $250,000 AND get a housing subsidy!
according to London's Daily Mail, Palo Alto, Ca. is considering a housing subsidy for people making $250,000 a year."People earning $250,000 a year should qualify for subsidized housing in Palo Alto, according to a ne...
Kodi Rath
Primary residence owned outright, thanks to loan from parents... Question on paying them back...
hey guys and girls, This is my first time posting so I hope this is the right place for my question... Long story short, my parents had a vacation house, sold it, and gave my brother and I a good amount of money towar...
Christian Arellano
Wholesale Earnest Money clause
Does anyone have a good clause to get your earnest money back when you don't end up buying an REO property from an agent. I would want to get my EM back just in case I don't find a buyer for the property. Also whats a...