Today I took the initiative to implement business credit. I hope it works. I used Plastiq for my Business Visa & Melio for the American Express. I am trying to leverage the credit and hold on to my cash. Convincing my wife was tough but she is on board. Although we are partners, sometimes other people do not share your same vision. I go to closing Thursday morning; I will let you know how it went on Thursday evening. Peace.

I’m selling my primary residence as we speak via subject 2 and planning to do a 1031 exchange to buy a better investment property. My question is how many days do I have to execute the exchange. I’ve been all over the IRS fact page and it seems unclear to me do I have 45 days to find good potential properties but 180 days to close on the actual new investment? Of course I will see a attorney once I actually get closer to the house being sold. Thanks in advance

Good morning, Here is an update from today's closing. It went well. It lasted less than an hour. The Plastiq payment was an ACH not a wire; therefore, it will take a few days to post. I have to wire them the difference. I showed them the Plastiq receipt and they were fine with it. The Melio payment (Amex) did not go through. They emailed me and said they do not send money for closings. That really screwed me up bc I now have to tap into my cash. Damn, that hurts. I was trying to use OPM (Other People’s Money). Now, I have to go through Philly’s Licensing & Inspection process to find a tenant. Peace.

What up, Good People: I received a phone call from my Property Manager (PM) who informed me that my tenant, who has not paid me her rent since December 2022 has $1K for me right now. My PM went to pick it up Sunday evening before she spends it or something else happens. My tenant was scheduled to give me $1,900 Friday but Friday came and went and I did not hear from her. I learned from my Property Manager that her car was impounded Friday so she couldn’t give me the whole amount. However, I will accept the $1K w/ a smile. It is better than nothing. She now owes me $6,600 in back rent. I have been truly patient throughout this whole ordeal and will continue to be patient. Two things are happening simultaneously; I do have a Warrant of Removal but I am trying to retrieve the rest of my money before I evict her, and she will get assistance from a rental assistance special program. I am waiting on that. This property cash flows $500 a month and I have missed having my tenant pay down the mortgage. Since December, I have been paying three mortgages. Real estate is tough but it can be very rewarding. The moral of the story is don’t quit, hang in there, and good things will happen. At least this month I do not have to pay the mortgage on that property; she is covering it. Peace.

Hey just a quick reminder to all my mastermind folks... I'll be walking 3 houses today 12PM CST. I PLAN TO BUY THESE 3 HOUSES!

Im new here, and a beginner in real estate investing! I have a daughter and have been a self employed hair stylist for many years but been about real estate and the more I fed that curiosity the more I realized that there is a real passion and excitement here! I was referred to this program by Don Taylor and already love what this has to offer and excited to connect and learn with some like minded individuals!!! Anyone in the kenosha county area that would be interested in connecting, please feel free to reach out!

Hi, my name is Lynne Lambert. I am an Interior Designer and I LOVE RE! I hope to learn wholesaling, make some money and buy apartment buildings. I am so thrilled to have found this site. I hope to connect with others, build relationships and learn about REI.

I don’t know about U but I’m here 4U…. I mean who could dare say no to this beast ? #HarrierJet ✈️ I’m fairly new to this industry, So many aspects and unlimited opportunities is what got me extremely focused on my newest journey. Thx @David Dodge for putting this together for us. 🚀

Hello, My name is Kemmy and i am based in Toronto, Canada. I am new to real estate investment.

My grandson graduated from HS yesterday! Big weekend now to celebrate this milestone. I’ll find some time to devote to keeping up with Real Estate Skool. Florida is nice, but….not Hawaii. And I’m keeping my feet on the ground @David Dodge lol

I'm super excited about the Virtual REIA today!! I would love to get to know some of you that are new and also see some of you that have been here for a while already. Who's all planning on attending?? The Zoom link is: https://www.discountpropertyinvestor.com/skool

Tampa Bay resident just 15 mins east of downtown. Starting my business back up after putting it on hold to focus on family. Actively looking for local buyers, flippers, and folks to JV with. I'm a marketing "guru", that works for a Fortune 20 managing very large Google ads budgets nationally (PPC). Very technical and am currently building my automations/tech stack to work leads+ pre qualify them to help with quality in the funnel. Look forward to learning & working with everyone!

Thanks for the add David Dodge! I met him at my a RV dealership i was working at. He bought the Appartment complex next door from my job and called in one day and I found out he was the owner and was intrigued because he was doing exactly what me and my wife want to be doing full time. Looking to learn as much as possible here and network 🙏🏽

Good afternoon y'all, I'm new to the real estate game, any advice to the wholsaling game I would greatly appreciate it.

For future reference here are some Example Word Doc Templates that my team uses when we are working with Private and Hard Money Lenders. - Promissory Note Template - First Deed of Trust Template - Example Payoff Letter - Deed of Release Template Your friend, Dave

Sorry folks. My buddy who was going to come in and talk to us today about Ballpoint Marketing Handwritten Mailers had to reschedule so we will not be hosting this free training today. As soon as he gives me a new day/time I will get it added back to the calendar :) I hope everyone is having awesome week so far!! Your friend, Dave

I am a Real Estate Broker and have my business cards and all that set up... However.. When it comes to pursuing discount properties... It might make sense for me to have separate business cards for that since these are two different things? Any suggestions?

Hello, everyone!! My name is Bill and I am currently a safety manager for a large food service distribution center. I am a Husband, father, and a Jack of many-o-trades. I am looking to create an additional income stream. I hope real estate is the way to do it!!

Hey Everyone. I just joined this group and I am from Milwaukee, Wisconsin. I am just starting out as a real estate investor and i bought my first investment property in Milwaukee. I am so excited to learn more about the BRRR method and am really looking forward to tips and training on how to do this successfully! 😎

My name is Zach! I'm living in Kansas City installing office furniture full time and working on wholesaling on the side. I hope to be able to be doing wholesaling and investing full time very soon!

We are refinancing 6 rentals and so naturally the lender had them re-appraised. We bought them in 2021 for an average price of 91K per property. The current appriasals came in at an average of $165K per property. Over 2 years that is an increase of $74,000 per property. WOW! Assuming we could sell them at the appraised value that would be a BIG WIN of over $400K gross profit. But the tax man wants a BIG piece of that. So instead we can refinance them up to 80% and pull out close to 250K. (we are not pulling that much out but we could) . The crazy thing about that $250K that we could pull out...it is not income...so you're not paying income taxes on it. #RefiTillYouDie

Good morning everyone. Have a Productive Day

We just added NEW Free Training's to the Calendar today for the month of May!! https://www.skool.com/realestate/calendar JUST ADDED TODAY: May 2nd - 11am -> Brrrr Method Case Study! May 5th - 1pm -> Estimating Repairs Like a Pro! May 9th - 1pm -> Running Comps Like a Pro! May 11th - 3pm -> 50+ Ways to Market to Sellers! May 18th - 12pm -> Deal Machine D4D Training! May 23rd - 2pm -> Cold Calling Sellers LIVE (#3) May 25th - 11am -> Deal or No Deal Training! What else do you all need help with?? Drop a comment 👇 on a Topic you would like to suggest!

We hit 500 members inside REAL ESTATE SKOOL Today 🙏 🔥 I'm excited for the next 500 then the next 5,000 then on to the next 50,000!! 😎

Greetings, Good People: The Philly market is tough. I had a third buyer back out on me once the contract was signed. Additionally, I dropped the price today from $245K to $240K. I refuse to drop it any lower. The original price was $255K. I told my realtor that if it does not sell by the end of this month, I will be cash flowing w/ another rental property.

You make money when you buy not when you sell! Buy at the right price.

Hey everyone, My name is Mary-Kate. I have been wanting to pursue real estate since I was in 11th grade. I am in college now and I am excited to make the next steps to further my career. I also look forward to meeting new people in real estate.

Hey guys, my name is Davis and I live in Houston, Texas. I currently work as a chemical trader which is a great job, but I have always wanted to get into real estate and this looks like a great way to start. I look forward to working with all of you!

I have been consuming all the content available on the website, and I have been so impressed with David Dodge that I just ordered and received two of his books. I can’t wait to get started reading them.

Greetings, Everyone: May the 4th be w/ you. I am a Star Wars fan.