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23 January 2025 | 9 replies
A non-franchised Broker with six agents won't have professional training and resources, so a new agent won't be trained as well and will struggle to get started.
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21 January 2025 | 10 replies
The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.
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29 January 2025 | 11 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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26 January 2025 | 2 replies
I'm Pratik Patel, a healthcare professional excited to join the BiggerPockets community.
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28 January 2025 | 42 replies
I've heard horror stories that it's usually impossible due to the "burden placed on the municipality" but could really never understand what that burden was... most people living in those units wouldn't be using the school systems so aside from maybe an increased volume in emergency medical situations I can not understand that statement?
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29 January 2025 | 2 replies
I am currently focused on Wholesaling Real Estate Deals in the North Dallas and DFW areas.I am eager to Network with fellow Investors and Professionals in the area to explore Opportunities for Collaboration.
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21 January 2025 | 10 replies
My lease requires professional carpet cleaning, which would cost more than $500 for a home of that size.Yes, it's reasonable to reduce the cost because she was such a long-term tenant.
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28 January 2025 | 5 replies
But as someone who’s been in the trenches of real estate investing for almost 30 years, I continue to see some flaws.Some of the flaws I have witnessed are when tech-driven companies seem to lack backing from experienced underwriters or seasoned real estate professionals.
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15 January 2025 | 12 replies
Real Estate Professional = 750 hours and more time on real estate than anything else.
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18 January 2025 | 8 replies
I’m a professional civil engineer with years of experience in construction and entrepreneurship.