All Forum Posts by: Tyler Belliston

Hey Everyone, 

Every time I write one of these I get great feed back! So thanks in advance. 

Here's the deal...

I bought my first property a year ago for 300k, and it's likely appreciated in value 55 - 70k. That's a rough estimate based on other homes near by, I still need to get it reappraised.

 I got an insanely good deal on it and over the last year, a high end housing development nearby has caused the property value to sky rocket. 

So now I'm scrambling to learn everything I can about how to leverage capital gains. 

Do I need to sell the property to take advantage of capital gains? 

Is there a way to refinance so I can get a little cash in my pocket to buy another property?

Note: I think I'm still in the 15% tax bracket as a college student, so that means 0% tax if I were to sell it, yeah? 

Any advice I can get will be greatly appreciated. 

Thanks. 

Alright, 

I gotta get through college debt free.

I'm well on my way, but I need to come up with another $10,000 or so over the next year in addition to what I already project making. I closed on my first property about 4 months ago, so for a 22 year old dude just starting out, I have a DECENT understanding of how the real-estate game works. 

I understand the concept of "wholesaling," but I don't really know how to start. PLEASE, shed some light on the subject for me. 

      - I don't need a license to wholesale, right? 

      - How do I go about building a network of investors to 'wholesale' to?

Also, I have a great background in online marketing... could I utilize that somehow?

Thanks!