All Forum Posts by: Wendy Patton

I am neither a tax consultant or a 1031 expert  but i am sure others answered above - as far as the lease option goes, yes i am an expert.  I would set the option up so they can't close until 1 day after, or later, then your one yer last exchange - 
I would go with caution to protect the deferral to this point. It won't be much longer anyway

Yeah you know what to do ..... with the time you can make so much more with investing!

I can help you with MI, but the above post (@Katie Balatbat) might be right you might STILL have to pay for CA even if you do register in MI - Sorry CA is sometimes like a different country - otherwise MI is only $50 to form and either $25 or $50 a year (can't remember if it went up) - and MI is easy!  If you ever need any MI contacts, please reach out to me.

Take your money making ability to the next level with Wholesaling!

This month we are bringing you one of the most experienced wholesalers in the U.S., to share her experiences and advice about building your wholesaling business during the very-different 2023 market. Vena has an all-new presentation for us that will show you:
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Hint: it’s who your best buyers are.
- The one skill that will make or break your wholesaling income right now
- What’s happening with sellers right now: they’re selling, but for different reasons than before
- Why it’s more important than ever WHEN you get paid your assignment fee
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Returning Guests: $20.00

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Don't miss our first meeting of 2023! 🎉

Thursday (1/19) we will be going over the current market AND a wholesaling panel of 5 very successful local wholesalers! 🙌🏻🏡

Tentative Schedule:

5:15 - 6:00pm: Doors Open

Network with MREI Members, Guests and Vendors

6:00 - 6:30pm: Ask The Expert - A Real Estate Look at 2023

6:30 - 6:45pm: Haves and Wants

6:45 - 7:15pm: Additional Networking

7:20pm: MREI Announcements and Vendor Raffle

7:30 - 9:00pm: Main Meeting Event - Wholesale Panel

Wholesaling is the fastest way to earn a good income in real estate without needing your own cash or good credit. We will cover the basics of wholesaling and a few advanced strategies with our expert panelists! If you are interested in gaining a competitive edge, you don't want to miss this event.

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First Time Guests: FREE

Returning Guests: $20.00

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Hi there Neel! Welcome to Bigger Pockets! I'm a real estate investor here in Michigan as well. I'd love to connect and provide you with any guidance I can as you get started.

@Andrew Chateaux i am in a bunch of these if you want to know more let me know. I can hook you up also - my email is below

@Michael Mannino II You are a ROCK STAR!  Great job!   I love to reach about your posts and your deals.

@Dominic Rosso  I would love to meet you at our local group meeting.  When are you in town?  We meet the 3rd thurs of each month - send me a note and we can chat and meet up. I look forward to meeting you guys!

@dw @Dw Chalmers isn't this the same deal you posted somewhere else that i commented on last night?  anyway this isn't really a buy and hold is it if you sold it on a lease option?  Curious if the buyer put 30k down? or bought it for 30k?   The other one i wrote a note about the profit of the deal and my thoughts on it