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31 October 2024 | 2 replies
A full list of improvements completed4.
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7 November 2024 | 45 replies
We have always had the philosophy that if we rehab our properties to a quality level, we will get higher rents, better tenants who take care of them, and we will improve the neighborhoods we invest in.
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30 October 2024 | 5 replies
Welcome @Fernando Guzman, to get the most out of BP I recommend filling out your profile and telling us a little about where you're looking to invest and what your goals are
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2 November 2024 | 19 replies
I’ve had investors that initially bought SFRs in CA and accumulated about $400k - then sold the properties and now are actively buying fixers, small homes and value add properties where they use the $300k to purchase and improve and make between $200k to $300k per year in gross profits when selling a renovated or improved property.
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31 October 2024 | 4 replies
Identify necessary repairs and improvements.2.
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1 November 2024 | 9 replies
It all comes down to the risk reward profile.
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31 October 2024 | 4 replies
I on the other hand am begging for him to try a cpa since there’s alot of new concepts with maintence vs improvements etc for tax purposes.
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29 October 2024 | 3 replies
I'm aiming to obtain around $100,000 to $150,000 to get my foot in the door.I come with a solid credit profile, boasting a score of 786 with Experian and 773 with Equifax.
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1 November 2024 | 19 replies
Major issues like foundation work, bathroom renovations, and deck repairs are considered capital improvements, which can be depreciated over time, allowing you to offset a significant portion of your rental income with those deductions.
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1 November 2024 | 17 replies
Since you need to make some improvements to get the rents to market levels, it could make sense for you to inform all of the tenants you will not be renewing their leases so you can fix all of the units at once and then get them rented.