Bargains are everywhere!
Rock-bottom home prices have finally begun to bring in the vulture real estate investors into the market. Instead of calling them “vultures”, I will call them smart.
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Rock-bottom home prices have finally begun to bring in the vulture real estate investors into the market. Instead of calling them “vultures”, I will call them smart.
Read more »
The collapse of the housing bubble will likely have drastic implications on the wealth and retirement of certain baby boomers,
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Folks - If you have the means, look at some these celebrity foreclosures as a means of augmenting your portfolio with high-end real estate.
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Falling real estate prices may have you thinking it’s a great time to apply the Golden Rule of wealth creation — buy low, sell high.
Yesterday I was speaking with a frustrated friend who’s listing had expired. He said “even my agent says this market sucks!” I told him if that agent worked for me he/she would be fired. PERIOD. If your real estate professional is whining about the market and using it as an excuse, then get rid of them. No matter where you are in the country, people buy and sell houses and other properties every single day.
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If you think you might have set the asking price for your property too high, you probably did. But if you need a guide so you can tell if the house is overpriced, Look below: Read more »
Currently the market in the US is finding itself in a depression, the low part of the real estate cycle. While many are reluctant about real estate investments, you guys, FlipBoard readers, should have the upper hand over the competition.
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Check it out… Wikipedia has an excellent step by step guide to the 1031Exchange process. Enjoy!
http://en.wikipedia.org/wiki/1031_exchange#How_a_1031_exchange_is_accomplished
Brought to you by The Flip Board!
My email has been bombarded with questions about 1031 Exchanges. Apparently, my post discussing this was somewhat of a huge hit. To date, I am still seeing hundreds of hits to this post even though it was written 5 months ago. I guess anytime you talk about deferring paying taxes, people really perk up! Ok. I’ve always said that the customer is always right. So, now I am going to give you more of what you want.
Here is my list of things to remember if you are looking at utilizing Internal Revenue Code section 1031.
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Ok, so the buyers are fewer and farther between compared to 3 years ago. I get it. But there are opportunities to position your business for great success in the coming months. You have to be creative, smart and willing to do things others are not.
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