How Does a 1031 Exchange Work with Rental Properties?

1031 exchange

Rental properties have many great benefits including favorable tax benefits with the IRS. Not only can you depreciate rental properties to save on taxes, but a 1031 exchange allows you to sell a rental property and defer the taxes on any profit you make or recaptured depreciation. A 1031 exchange has many rules and regulations … Read more

What is the Average Profit on a House Flip?

I have seen many video ads and Facebook ads about the average profit on a flip being $66,000. I flip a lot of houses, and that number seemed very high to me. I did a little research to figure out what the actual average profit on fix-and-flips is. I can tell you that $66,000 is … Read more

Update on My Real Estate Goals for 2018

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2018 is more than halfway done, and I thought it would be a great time to update everyone on what has gone on in my real estate world. I set goals every year, and one of my challenges is making sure I am reviewing and paying attention to those goals. It is easy to get … Read more

Ardor SEO Review: Stay Away from Kris Reid

ardor seo scam

I am providing a review to help people save time, money, and frustration by picking the wrong company to help with SEO (search engine optimization). Kris Reid contacted me in 2017 to be on my podcast to help promote his company Ardor SEO. He said he was an expert at helping real estate agents get … Read more

Real Estate Express Real Estate School Review

real estate express

Real Estate Express is a real estate school that provides online classes in many states. Three agents on my team have taken online classes from Real Estate Express and have some great feedback on the program. I also took my real estate classes online back in 2001, but I did not use Real Estate Express. I … Read more

What Is Escrow Disbursement?

In real estate, an escrow disbursement is a process of dispensing the amount held in escrow to pay for homeowners insurance, property taxes, and other property expenses. Lenders usually require borrowers to put money on an escrow account during or after the closing of a property purchase or when property expenses are due. When the … Read more

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