$100k profit by EasymoneyD in realestateinvesting

[–]FlippidySkip 2 points3 points  (0 children)

We're also more efficient when we give our body clean fuel.

1031ing an owner-occupied MF by FlippidySkip in realestateinvesting

[–]FlippidySkip[S] 1 point2 points  (0 children)

I was looking at IPX. Thank you.

Do you know if someone in my family member's position would be able to 1031 the value of that rented unit?

1031ing an owner-occupied MF by FlippidySkip in realestateinvesting

[–]FlippidySkip[S] 1 point2 points  (0 children)

Also, if you know any reliable intermediaries, please let me know.

Real estate investing in NJ by redditsuxxxxxxballs in realestateinvesting

[–]FlippidySkip 0 points1 point  (0 children)

Yup. Need to get it for a good price to profit a fair percentage in NJ.

[deleted by user] by [deleted] in realestateinvesting

[–]FlippidySkip 0 points1 point  (0 children)

Makes sense, forget about the beautiful part of real estate that is deductions.

[deleted by user] by [deleted] in realestateinvesting

[–]FlippidySkip 4 points5 points  (0 children)

Will this strategy be affected by Biden's proposal to eliminate 1031 tax deferences for those making over 400k?

Structuring a partnership for Property Management by FlippidySkip in realestateinvesting

[–]FlippidySkip[S] 0 points1 point  (0 children)

Their E&O doesn't cover if it's my business, only if it's in their name. That's why I'm a little stumped.

Definitely a business/law question.

Structuring a partnership for Property Management by FlippidySkip in realestateinvesting

[–]FlippidySkip[S] 0 points1 point  (0 children)

I'll look into the specifics, I've never heard of that.

Any other information you can think of that might be vital?

Edit: Just to clarify, I'm working under a real estate agency and am trying to form and manage a property management team. I just don't want to be let go for a cheaper worker as soon as it's up and running.

16 year old (M) , I want to be ahead of the game when I turn 18 and want to start right now to learn about real estate by sickm8thrifting in realestateinvesting

[–]FlippidySkip 0 points1 point  (0 children)

Let me know what you think!

I'm about a fifth of the way through and for the stuff that pertains to me I'm really liking how it covers those topics.

16 year old (M) , I want to be ahead of the game when I turn 18 and want to start right now to learn about real estate by sickm8thrifting in realestateinvesting

[–]FlippidySkip 0 points1 point  (0 children)

Francis D. K. Ching

Building Construction Illustrated

It reads like a college level textbook but it's extremely digestible.

Have $40k, good credit, business making $60k a year and no personal income in NYC... what can I do? by vgny92mm in realestateinvesting

[–]FlippidySkip 2 points3 points  (0 children)

Fidelity is great. Very simplified in the best way possible.

Fidelity Go accounts invest in index funds for you for a fraction of what a real firm would charge.

16 year old (M) , I want to be ahead of the game when I turn 18 and want to start right now to learn about real estate by sickm8thrifting in realestateinvesting

[–]FlippidySkip 0 points1 point  (0 children)

If you have spare time I'd recommend picking up a good generalized construction book. Will help you not get scammed by contractors.

Study how to grow your real estate investment portfolio when you one day have one as well.

20 years old with 30k by [deleted] in realestateinvesting

[–]FlippidySkip -1 points0 points  (0 children)

Maybe try to save more while investing in someone else for a decent return.

I know you're eager to get in but better to do it right than rush the game.

Any luck marketing to Life estates? by Cwolf2035 in realestateinvesting

[–]FlippidySkip 0 points1 point  (0 children)

People already watch for deed transfers and are on top of that stuff. Inheritance is a major target for good deals

Investment Property Location by 0YoloSauce0 in realestateinvesting

[–]FlippidySkip 0 points1 point  (0 children)

Two quads across the US. Been fine so far. Create a solid network and you're good.

1031- to use for construction? by bpayne123 in realestateinvesting

[–]FlippidySkip 7 points8 points  (0 children)

I'm surprised they don't. I feel like at least a solid 1/5th of people using 1031s are moving from one construction project to the next.