Eric Schrader
1st property is closer
Hi group. So, at a snail's pace, been working on my first purchase. I have identified two potential properties. The first is ready to be rented, the second needs a minor Home Depot make-over (new appliances and car...
Hui Kiang
How to move up my rental Ad in Zillow and Trulia?
Hello all,I have a question regarding posting Ad in Zillo/Trulia. After a few days, my AD is going down to page 3 - that means no one will see it anymore. I tried everything but just can't get moved up. I tried to ren...
Monty Corbett
How to Form an Investor Pool?
Hi All,
I have a few investors looking to invest in a few potential properties. I need to pool their money together but I have a question.
Typically, do you provide a return on the investment while holding the fund...
Account Closed
1031 properties/finding and executing
Hi all,
I need help or advice on finding and accessing properties that have "1031 quality" attributes. Id love to hear tips and advice from other brokers. As a side, Im trying to sell someones development site whic...
Dustin N.
Too strict on Income Verification for screening process?
Hi all,Wanted to get opinions on if the screening process I did was too intensive and made me lose out on a potential tenant.Stats: SFH, 4/2, good condition home, in good neighborhood right next to university, about 1...
Michael Abasiekong
Show Me the Money: Tracking Rental Property Income and Expenses
Show Me the Money: How To Stop Flying Blind and Master The Art Of Tracking Income and Expenses In Your Real Estate Business
We’ve all heard the statistics about the large number of businesses that fail in the US ever...
Costel A.
Do flips qualify for 1031?
I heard only rental properties qualify for 1031, but not flips. Is this true?
JJ Gernaat
Business Plans, any thoughts?
This week I ran across a Business Plan that an investor used to really get his rehab business going. The more I started reading it and studying it the more I liked the idea of doing one for my business. Here's the cat...
Joe Atkins
Appraisal before flip? CPA advice
We are currently in the process of purchasing our first investment property, (cash purchase). It is an old farm house on 9 acres. We are dividing it into 3 acre tracts and keeping the house and 3 acres for a rental. O...
Anthony Petrarca
Letter of good standing and 1031 Exchange
Hopefully someone can shed some light from experience.I'm in Rhode Island and going to do a 1031 exchange and my accountant needs to obtain a letter of good standing from my state. The accountant claims that I need to...