Happy THRIVE Thursday! Another AMAZING week thus far only continues! For Week 3 of the LEARNin Local Challenge on Tuesday the INFLUENCERs below have the opportunity to be LIVE with us from 1:23pm to 2pm PST. 1) @Christopher Astillero - 1031 Exchange, EXCHANGE RESOURCES INC 2) @Martin Magana - Wholesaler, OAKROCK REALTY 3) @Erica Traulsen DST, LEGACY INVESTMENTS & REAL ESTATE 4) @Rafael Davis - Private Mortgage Lending, BLACKBELT MORTGAGE PRO 5) @Michelle Adams - Title, TICOR TITLE SERVICES 6) @Daryl Dean Santos Life Insurance, DARYL SANTOS INSURANCE 7) @Patrick Gannon Real Estate Agent, REAL Military 8) @Nicole Turner - East Region Leader for San Diego County , SELL STATE NEXTGEN REALTY 9) @Neil Anthony Rollon - Founder, PRIME ACCESS Week 3 is "How to Find the Best Deal in Real Estate" RUN OF SHOW: 01:00pm - PREP, Networking 01:11pm - ROS Review 01:23pm - LEARNin Local 101, SMEs Introductions 01:30pm - LIVE Q&A 02:00pm - END All you INFLUENCERs above will undoubtably can help anyone who wants to get a great deal by sharing your INSIGHTs! I will be Hosting the show, NO NEED TO PREPARE ANYTHING, just show up and BE AWESOME! That's what I do, I'm COACH RU! 🤓 Please respond to this thread if you are interested and available to participate 😁. @Emerson Pacete @Ruel Reyes will be our LIVE producers. Please let us know if you would like to share your expertise Tuesday!

In a 1031 Exchange, "like-kind" is a legal term that is much broader than it sounds. Most people think it means you have to swap a rental house for another rental house, but that is a myth. The Golden Rule: For a 1031 exchange to work, you must be swapping real estate held for business or investment purposes for other real estate that will also be used for business or investment. The IRS cares about the nature of the property (it’s real estate), not its grade or quality. What Counts as "Like-Kind"? You can mix and match almost any type of investment real estate. For example, you can exchange: - A rental house for an apartment complex. - Raw land for a shopping center or office building. - A warehouse for a retail storefront. - Farmland for a medical facility. - A 30-year leasehold for outright ownership (fee simple). What does NOT count? There are strict boundaries you cannot cross: The Bottom Line: If it’s an investment property located in the U.S., it is likely "like-kind" to any other investment property in the U.S. - No Personal Use: You cannot exchange your primary residence or a vacation home you use personally. - No Crossing Borders: U.S. property is not "like-kind" to foreign property (e.g., you can't swap a Miami condo for a London flat). - No "Flipping": Properties held primarily for sale (like a quick fix-and-flip) are considered inventory, not investments, and do not qualify. - No Paper Assets: You cannot exchange real estate for stocks, bonds, or partnership interests.

Happy Wealth Wednesday! I knew it was coming but I didn’t realize it would be so soon in the year! Now a simple prompt on ChatGPT will create an AI avatar for you in minutes! Here’s the prompt! Check it out and please share and update your profile pic! “Create a caricature of me based on what you know about me or my job..." ) Unleash your creativity and share your masterpiece!” When we all look amazing and perfect, what will separate us from the rest of our industry competitors??? LIVE video of course!!! Let’s make your brand happen! Coach RU

Hope everyone’s having a great start to this wonderful Wednesday. Does anyone know if writing blind purchase offers is still a thing? I have an investor asking if I know anyone who’s had success with it lately.

What’s going on everyone! Wanted to reach out to the group to see how I can add some value to you all. If you can answer these two questions I believe this would help help serve the overall group: 1. If I share with you, my next meeting is with a homeowner or business owner, how would I be able to bring you up in conversation? 2. When you think of your ideal client, who/what service professionals do you need to add to your contacts, so you can be ready serve and connect your clients with some reputable and trustworthy?