How to sell a property without disturbing the tenants

Question: “How do I sell a property without disturbing the tenants currently living in it?” Answer: If you’re selling a small or large apartment building, often it’s marketed as, “Show with offer.” So the investor makes an offer, a showing is arranged with the tenants, and then the buyer decides if they still want it
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“Do You Know This Open House Myth?”

 Looking to sell your San Diego home? Get a free home value report Buying a San Diego home? Search all homes for sale   It has come to my attention that a lot of people, home sellers in particular, are under the impression that most homes are held open most weekends. That idea is
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Free Seminar: How 1031 Exchanges Work

Looking to sell your San Diego home? Get a free home value report Buying a San Diego home? Search all homes for sale   You are hereby cordially invited to an upcoming seminar that I’m hosting for real estate investors. It’s titled “How 1031 Exchanges Work” and you’ll learn a lot more than that title
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Getting Stepped-Up Basis in Your San Diego Home

Question: “My wife inherited a home six months ago and moved in. We don’t really like the neighborhood and would love to sell and move now. But her dad paid next to nothing for the house, so we have to wait until we’ve been here two years or we’ll pay taxes on the sale, correct?”
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How to Handle Showings with Tenants

Question: “I’d like you to handle the sale of my duplex in Clairemont. How do you handle the showings with the tenants?” Answer: Most duplexes are marketed as “show with offer.” So buyers make offers without going inside, contingent on approving the interior. If they don’t like it, they can cancel their offer, even if
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Buying a Home at a Courthouse Foreclosure Sale

Question: “What do you think of buying a home at a foreclosure sale down at the courthouse?” Answer: For sophisticated investors, it can pay off well. However, there are many very real risks and downsides to buying at a trustee sale: Low supply / high demand: There are very few foreclosures now, but plenty of
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Know the Rules of a 1031 Exchange

Question: “I’d like to sell my rental and buy another property. I have 45 days after I sell to buy the next one, correct?” Answer: Not exactly. You’re talking about what’s called a 1031 exchange, named after IRS Code Section 1031. Contrary to popular belief, 1031 exchanges are fairly simple, with just a few rules
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What’s the Best Way to Make Money Fast Investing in San Diego Real Estate?

Question: “What’s the best way to make money quickly investing in real estate?” Answer: Sorry, but if there were any get-rich-quick ideas that actually worked, everyone would do them…and they would no longer work. The closest thing to a useful answer I could give you is to wait until we have another downturn (2 years,
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1031 Exchange vs. Stepped Up Basis on Your San Diego Home

Question: “I inherited a condo from my dad last year and want to sell it and buy a rental property here. Should I do a 1031 tax deferred exchange?” Answer: [A 1031 exchange allows someone to sell an investment property, reinvest the proceeds in a new property, and defer some or all tax on the
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Fix-And-Flips: For Now, Just Say No

Question: “What’s the best advice you’ve ever given for flipping real estate?” Answer: Right now, it’s “DON’T DO IT.” Competition is fierce, prices are up, and you’re not in a rapidly appreciating market that will bail you out. Many professional home flippers are leaving the San Diego market or getting out of the flipping business
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