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I'm somewhat familiar with the tax advantages of a 1031 exchange. It's awesome that the government put this act into effect but I do have some questions about the full process. My current understanding: in order to av...
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So I've sent out two rounds of direct mail totaling around 1,000 letters. I've got a 1% response rate. I've made 6 offers. All of those offers were below market value and only cash flowed $100 per door (all duplexes) ...
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Hello!I am Kris, currently live in Eden Prairie, Minnesota. Have been working in Technology for the past 14 years and love what I do and wish to continue my full time employment. Have been looking at real estate as so...
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Hello all who read this! I posted on BP about a year ago talking a bit about my situation but I will just give y'all a quick update. I have been focusing for the last year on how to build my capital to be able to inve...
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Hi everyone! I am very interested in getting into the world of commercial real estate where the loan you can get is not dependent on your income, and you can seriously increase the value of the property via NOI, simpl...
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Hi everyone,I am new to the process of getting renters into a SFH in Minnesota. Getting a lease drafted by a lawyer seems quite pricy, is it normal to just use a standard residential lease set by the state or should I...
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Hi everyone,
My name is Isaac Phillips and I'm way late on my introduction post, but better late than never. My family and I live here in the Tri-cities area of Michigan (Saginaw, Bay City, Midland). We love the Midl...
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Hey guys!!! I'm entering this world by way of a recent obsession with the Bigger Pockets podcast while doing data entry at work, and I'm excited to join this vibrant community from up in Alaska. I'm a marine biologi...
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Hey folks. After nearly a year of dismissing it as largely a fad, I’ve been starting to do more and more with automated audio workflows in my STRs and have, so far, gotten great feedback on it from guests. Currently t...
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Hello, I just finished highschool and am going straight into real estate instead of college. I am about to close on my first single family 3 bed 1 bath. Could I get some input on this deal?(Income)Rent-1200(Expenses...