Jorge Vazquez
Don't rush to accept counteroffers
Here are some tips for both buyers and sellers during a negotiation:
1. Don't rush to accept counteroffers. Allow the other party to feel some pressure and build tension. This can actually be beneficial during negoti...
Jacob Deacon
The Fallacy of Waiting in Real Estate Investing: Embracing the Power of Action
In the realm of real estate investing and in life, the allure of waiting for the perfect time to strike often tempts many individuals. Dreams of landing a grand "home run" deal can be captivating, but it's crucial to ...
Lincoln Decklever
Cash out refi vs 1031 exchange
Hello! I'm a side hustle investor of 5 single family homes (SFH). I created an LLC with 3 partners 5 years ago with the intent of buying 1 SFH a year for 5 years as buy & holds, with traditional commercial loans. ...
Chris K.
Shopping for life insurance and don't know how to chose company
So I'm shopping for life insurance and it's completely new to me so I'm kind of nervous about who to go with. The difference in the price quotes is why i'm confused. I'm looking for $250k for 30 years. So, for exampl...
Jeff Mitchell
Deprecation never taken and can't claim rental losses
Hello,
I am asking this question for a co-worker. He bought a rental property 15 years ago and has never taken depreciation on that property. Not clear on the reason for not taking it, I think he just had a bad accou...
Annie Le
Tax implications on a 1031 exchange
Hello everybody,
I am trying to figure out the tax implications, if any, for a client who is doing a 1031 exchange. I don't believe she should have any tax implications but would like a 2nd opinion.
Ori...
Jonah Richard
Anyone else using cap rates to get purchase price?
Any other Newark investors using cap rates to back into a purchase price when making offers on small multi-families (2-4 units)? I closed on a duplex in northern Ironbound earlier this spring at a cap rate of 7.5% (in...
Keaton English
Delaware Statutory Trust and Tenant in common
Hello, I am a real estate agent in San Diego, I help a lot of investors with 1031's and it was recently brought to my attention that DST's and TIC's qualify for 1031 exchanges and I was curious to see if anyone had an...
Eric C.
SEP IRA contribution and loan qualifications - DTI calculations
I am looking to make a sizable SEP IRA contribution to reduce my tax liability, but I don't want to hurt my ability to borrow in the future by not making enough income. Is SEP IRA contributions added back in the way ...
Raquel Pea
Investing in a Down Market is SCARY - Share Your Stories!
Hi BP, newbies and experienced investors alike!As Mr. Kiyosaki himself said, "Smart investors don't time the markets. If they miss a wave, they search for the next one and get themselves in position. This is hard for ...