All Forum Posts by: Jeffrey Holst

Be very careful with this.  You need a 1031 specialist before attempting anything like that. It likely would be considered boot and would therefore be taxable

Lease options can be structured in a variety of ways, the simplest and cleanest way is to charge an option fee and then rent, with a portion of the rent usually a fixed amount (ie $50 dollars a month or something) being credited toward an eventual down payment when they exercise the option to buy.  

@Vivian Huang  Thanks for the goal list.  Very sensible the key as I am sure you is to follow through. 

Speaking of following though, I am interested in how everyone else is doing now that its been a month since we first started this conversation.  @Bryant Tumbelekis (not sure we ever heard what your goals were) , So how about it  @Omar Khan, @Caleb Heimsoth, @Stephen R., @Account Closed

My update,  Blew out the posting goal for Jan and now February,  (I also got the addicted badge which is fun)  I finished 41 podcasts so far so well on the way there,  I made an offer on a duplex it was  rejected so still working on that.

Unrelated to my stated goals I have made progress stabilizing my 12 unit and we are working on closing the 32 unit which we should be closing on in March,  

Sorry to blow you all up with mentions but accountability is important.  

I am also on board for a casual meet up although I will say things like that tend to be great for a while and then fizzle out if there's no structure to it, that being said if we start going we can worry about structure later if needed.

 Oh I don't know there are several that I have liked I'm only up to 40 plus a few I caught here and there.  I liked the two with Grant Cardone quite a bit (those are later ones that I haven't reached in my listen them all this year goal). I don't recall the show numbers sorry.  

Love to hear some of your goals.

I think I'll need to keep investing if I want to make that trip

Today I watched Spacex launch the world's most powerful rocket. I don't live in Florida but I took a week off drove down here spent a few days in the sun.  Did some swinging and watched a rocket launch just because I wanted to.  I didn't have to ask a boss for permission I just did it and it reminded me why I do what I do.

Anyway just thought I'd share. I'd love to hear your just because stories as well.

Thanks in advance

Watched the spacex rocket launch live today and it reminded me why I didn't think it's great time be able to pop down to Florida with out asking a boss' permission first

Made a drive down to Florida so I can go see a rocket launch this week and on the drive I finished 3 podcasts.  Anymore would have been too much for one drive. Hope y'all had a good weekend.

Great goals thanks for sharing.  All of your goals seem very achieveable.