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I have recently consulted with both WealthFactory and Wealthability regarding tax and wealth planning. Both programs are pretty expensive. One purports to teach you how to find good advisors and the other purports to ...
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We did a 1031 exchange in 2020 where we exchanged a smaller, older house we bought in 2010 for a much larger, newer house. The exchange went well. When we did the exchange, we took out $25k knowing we would be taxed...
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I’m currently saving $50,000 for my first rental property. While saving I’m looking at the market and neighborhoods and trying to learn as much as I can. Is it smarter to buy a fixer upper or should I buy a home that ...
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I'm not sure what the process is like in other states but in Massachusetts our real estate transactions start with an "offer to purchase" we then have 7-10 days to do our inspection/due diligence and then we enter the...
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Hey folks!I am about to (hopefully) close on my first completed flip on June 17. Super excited. Will have a nice Net at the end of it all. Really help increase my working capital. Now that I am wrapping that up I wil...
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Anyone used these folks before?? Member of a group I am in on FB but the letter they send me looks unofficial.
Offering me loan at 5% interest for 30 years no prepayment. BUT there are some misspellings in the c...
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Hello all,
my name is joe and just looking to connect with other investors here in town. fairly new to the community and looking to grow my knowledge base before proceeding any further. currently own 1 property asi...
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I realized this we investors (including myself) puts too much importance on the cap rate.
The cap rate is defined as, "used in the world of commercial real estate to indicate the rate of return that is expected to ...
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Hey folks - I'm working on creating some checklists for my business (I'm reading The Checklist Manifesto right now.) I'm planning on releasing these, for free, on BiggerPockets when they are finished. Today I'm workin...
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Let's face it. The MLS is really the only true up to date data. Not having access could be costly to any investor in this current market. As an ex Realtor from Fl I have saved many wanna be investors including my...