Learn the secrets of 1031 tax deferred exchanges in Metairie.

This class is Module 37 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What is a 1031 tax-deferred exchange?
• What are the key aspects of a 1031?
• The 4 types of 1031 tax-deferred exchanges and when we use each
• Defining like-kind and understanding what you can sell and buy with exchanges
• Specific exclusions with 1031 exchanges
• Refinancing before or after you do a 1031 exchange to pull cash out
• Why you can’t touch any of the money during the exchange
• Who can’t be your intermediary
• The strict time limits on 1031 exchanges
• The 3 rules for identifying replacement properties in 1031 exchanges
• 3 examples: without a tax-deferred exchange, with a 1031 and a 1031 with boot
• The danger to real estate investors of using a Qualified Intermediary (QI)
• Considerations when selecting a QI
• Questions to ask your prospective QI
• 3 sample contract provisions for required for completing a 1031 exchange
• Post-exchange documentation
• Adjusting basis when selling some of the properties you’ve 1031 exchanged into
• Avoiding boot when dealing with closing costs
• Typical costs for 1031 tax-deferred exchanges
• Asset protection and title solutions with 1031 exchanges
• How to 1031 out of a partnership when partnerships are not considered acceptable like-kind property
• How to utilize 1031 proceeds to partner with others when partnerships are not acceptable like-kind property
• Owner-occupying after completing a 1031 exchange to take advantage of the home sale exclusion
• The complicated process of 1031 exchanges into REITs
• How to invest in real estate and never pay capital gains or depreciation recapture taxes
• Can you 1031 exchange and pay off mortgages on other properties with the proceeds?
• Plus much more...

Check out the video and additional resources related to Secrets of 1031 Exchanges.

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.

Learn the secrets of buying new construction properties in Metairie.

This class is Module 36 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• The pros and cons of investing in real estate with new construction properties
• What price of new construction should you focus on for investments
• Different builders, different standards and how to deal with that
• The downsides of the builder contract for real estate investors
• Getting ridiculously amazing deals on new construction properties
• The risks of investing in new construction properties that are different than buying resale properties
• Risks associated with financing new construction and how to mitigate them
• The math and benefits of upgrading to an extra bedroom when buying new construction
• Builders to refuse to sell to investors and what to do in those situations
• How builder pricing works and taking advantage of it as an investor
• Metro taxing districts and how to account for them
• Non-potable water on new construction properties
• Why to be wary of builder’s reps
• Using a real estate agent or broker to buy new construction
• The considerations of choosing a lot when buying new construction
• The math revealed: rolling in premium-priced builder extras or buying extras at a discount post-closing
• The imperfections of dealing with fences when buying new construction
• Customizing new construction properties when investing
• Radon on new construction properties
• Sewer lines and sewer scopes when buying new construction
• Gotcha! Inspecting new construction properties
• The builder walkthrough and dealing with missed expectations
• Dealing with builders using your property as a model before you close
• Visiting your property while under construction and avoiding having your contract terminated
• The PITA clause in builder’s contracts
• What to expect when walking through prior to closing
• Builder warranties and extended warranties on new construction
• Dealing with unsatisfactory concrete on new construction
• The ideal vs reality when taking marketing photos of your property after closing
• Bonus cash flow: assessing new construction properties
• Competition and vacancy of new construction properties
• Renting new construction: an easier sale?
• Warning: builders cutting corners to save money
• The myth and truth behind builder lawsuits
• The dangers and upside of new construction speculation
• Utilizing the new construction lease-option real estate investing strategy
• Plus much more...

Check out the video and additional resources related to Secrets of New Construction.

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.

Learn the secrets of short-term rental properties in Metairie.

This class is Module 35 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What are the different variations of short-term rentals and what are some of the pros and cons of each.
• What are the most common ways to finance properties that you’re utilizing as a short-term rental? And what are some of the more unusual ways?
• Are short-term rentals typically an active or passive investment?
• How long do you typically hold short-term rentals for? And, why might you change that?
• How do you typically exit a short-term rental? How does your buyer typically finance the purchase when they buy from you?
• Is the short-term rental strategy typically for real estate investors or real estate entrepreneurs… and what’s the difference?
• How much money is typically required to utilize the short-term rental strategy? What are some of the less common money requirements?
• What credit is required to buy short-term rentals? And, what are some less common credit-related requirements?
• What are the primary skills required for the short-term rentals business?
• Is the short-term rentals strategy actively or passively stable? And, what does that means in terms of the entire business blowing up in your face?
• How scalable is the short-term rentals strategy?
• What is your risk exposure when utilizing the short-term rentals real estate strategy? What are some of your risks? How does that increase with certain sub-strategies?
• How quickly do you make money when doing short-term rentals? What amount of money do you make at that interval?
• How does one typically find short-term rental deals? What are some of the more unusual ways to find deals?
• What do you use to analyze short-term rental properties?
• What are the ideal market conditions for the short-term rentals strategy and what is a challenging market to utilize this strategy in?
• How accessible or available are viable short-term rental properties?
• Can you utilize your retirement money with the short-term rentals real estate investing strategy?
• Plus much more...

Check out the video and additional resources related to Secrets of Short-Term Rentals.

Free Real Estate Deal Analysis Spreadsheet: Download a copy of the newest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™ by going to:

https://RealEstateFinancialPlanner.com/spreadsheet

Improve Cash Flow: Book a consultation to improve cash flow using our proprietary 88 cash flow improving strategies.

Real Estate Agent & Lender Collaborators: Interested in collaborating with us on the Metairie real estate investor podcast? Book a free consultation to discuss.