Julio Gonzalez
Have you considered a 721 Exchange rather than a 1031?
Many people are aware of a 1031 exchange, however if they are looking to exit their active real estate portfolio, it’s not always the solution they are looking for. If you are wanting to sell your real estate property...
Kyle Bishop
Seller financing: setup, taxes, and contingencies?
Hello all.
I'm exploring a deal on a property that is well suited for seller financing: house paid in full but desperately in need of work (for which the owners don't have the cash to fix themselves) and the owners w...
Brian Sinclair
Lease Option Program - Buy & Hold Investors - Opinion
We are putting together a program that will allow Buy & Hold Investors to find properties they want to make rental income with and controlling interest in them without having to having to get a bank loan to purcha...
Jon Chung
Rental Turnover Experience
For the landlords out there, curious about your guys' tenant turnover experience. What's the timeline typically looked like for you guys to do the basic make ready/turnover preparation after a tenant leaves and prior ...
Adam Cincotti
Owner Financing Question
I have recently come across a for sale by owner/owner finance deal. The asking price is $350k, he wants $75k down, and 12% interest for 15years. The interest seems high to me.What should I expect to pay in interest in...
Josh Rogers
Comps and Repairs Process
I am trying to gain a better understanding of the comps process and also calculating repairs. From what I've seen, many new wholesalers make the mistake of inflating ARV values out of inexperience, greed, etc. what ar...
Pete Velasquez
Help on a wholesale deal. Salt Lake City, Utah area
Hey BP! I've found a property with a motivated seller for just about 30k under market value. I'm trying to turn this into a wholesale deal but with it being my first time I have little to no experience with this. I'm ...
Kasondra Milton
BRRR vs Sell (Rental I've owned since '04)
DC area (Sterling,Va) - Bad tenants of my SF townhouse gone! Purchased prior to market crash but it's rebounded quite a bit since then. Rehabbed for 12k. Equity 125k. Sell & use 1031 exchange proceeds to buy 4-5 M...
Thomas Lam
Qualified Intermediary - What happens if 1031 doesn't go through?
I'm looking at doing a 1031 exchange on a property that I'm selling on a short notice due to an unexpected offer. I nervous about finding the "perfect" investment replacement with only a few weeks to identify the prop...
John Burry
capital gain tax
The first question is what percentage of tax do I pay on a home that I flip within 1 yr?what percentage after the 1st year. I believe that the capital gain tax does not apply on a sale after 2 years at the primary...