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4 January 2025 | 0 replies
We lived in the property for 2 years and rented for 2 years to tenants, so by selling now, we ensured that we could avoid capital gains taxes.
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4 January 2025 | 3 replies
As a licensed real estate agent and contractor, I speak the language and can guide you through the process to ensure everything runs smoothly.
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25 January 2025 | 155 replies
They somehow think that for $197, or $1970, or $19700, they’ve somehow acquired some methodology, strategy, knowledge or “the secret sauce” that will ensure their investing or business success, and that the experienced, knowledgeable, and successful real estate investors who point out the obvious faults “just don’t get it”.
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27 December 2024 | 8 replies
That's right, only those willing to compromise.This is also why many so-called "creative financing" deals often involve low-quality properties.
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14 February 2025 | 161 replies
That's why many businesses just close instead of being sold.Real estate investing provides a lot more creative angles than the stock market, but on a conceptual level, nobody would seriously attempt to replace their W2 income in a few years by investing a few thousand dollars in the stock market.
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5 January 2025 | 24 replies
@Hamidou Keita House hacking by converting a single-family to a duplex is a smart strategy, but requires careful planning.Pros: Offset living expenses, higher rental income, increased equity.Cons: Significant conversion costs (permits, construction), zoning restrictions, living in a construction zone, managing two tenants.Key Considerations:Feasibility: Check local zoning and permitting.Costs: Get detailed construction estimates.Market Analysis: Ensure post-conversion rent covers expenses and there's rental demand.Resources: BiggerPockets forums, local contractors, real estate agents.Have you researched your target property's conversion potential?
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3 January 2025 | 4 replies
I enjoy hearing about peoples’ personal wins and innovative, creative strategies.
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6 January 2025 | 6 replies
Framing your position as fair such as explaining the difficulty of finding renters during off-peak months - might help maintain a positive relationship and reduce risks of property damage.Prepare for What’s NextEven if the tenant moves out early, ensure you’re protected.
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3 January 2025 | 2 replies
What can I do to ensure there are no surprises after closing and avoid a costly eviction?
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28 December 2024 | 1 reply
A checklist ensures that all necessary steps are taken to transform the property's image and appeal.