Tyler Prosser
Combining Section 121 and 1031
Hello,
My parents have a primary residence purchased for $45k. Recent comps in their neighborhood are in the $1 million range. Even with a exclusion of gain under Section 121 (MFJ: $500k), they are looking at over $...
Gwen St. Pierre
Continue to rent or sell sooner to claim 121 exclusion?
Hi - I have a rental that I lived in from July 2012-July 2015, it has been rented since then. We are looking for new tenants to move in on 8/1/2017. My question is, if we have tenants in there until the end of 8/2018 ...
Kyle Ly
Looking for a STR Property Along the California Coast!
Hello everyone! Total rookie here, but I've educating myself for the past year and a half on real estate investing. My uncle and I are looking into purchasing our first investment property together and we are looking ...
Rich Hupper
How does a homeowner terminate a listing contract
I have never had this happen to me before LOL. However a homeowner who is currently under contract with another broker until July wants to use me to sell their home. Does anyone know if they can get out of it? I read ...
John P Braunius
non performing notes
I want to buy non performing note in 100 mi of Charlotte N C can any one help me thank you
Phu Le
Million dollar idea or slum dog stupid?
Hi guys,So to get it out of the way - I have zero experience in real estate and have no money. To circumvent this I have an idea. It comprises of a few steps.Step 1: I will have you sign an Exclusivity Agreement with ...
Xiang J.
Do you estimate ARV and check with cash out lender first?
When making offer based on ARV, is it good practice to have future cash refi lender get involved as early as possible (have their appraiser connected?) so that it won’t surprise you a last minute overestimate of ARV? ...
Chad Skiles
What does in this blank?
On one of my purchase contracts, I have this paragraph: The Seller, at his option, agrees to furnish the Buyer, either a complete abstract of title certified to date, or a title insurance company's commitment to ...
Denise H.
STR in Lake Arrowhead, CA
Hello,Looking for some feedback/advice on a STR in the Lake Arrowhead area. My husband and I love the area and for our long-term use would prefer this area over Big Bear. My question is can anyone provide info on how ...
Troy Maleyko
Working with Investors & Structuring Comissions
Hi everyone - I am working with some investors & found that I am being faced with the problem / pressure of reducing my commission as they say they are going to buy / sell several properties with me & will not...