8 February 2025 | 10 replies
I used the contact us page to try to get in touch with BP support and initially got a response but haven’t heard back in 2 weeks now despite sending 4 follow up emails.
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21 January 2025 | 6 replies
See who represents owners frequently in your jurisdiction and get set up with them.
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6 February 2025 | 1 reply
I've done one LLC in Illinois and it was easy: $75 to the state, one web form, draft up some routine procedural docs etc.
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8 February 2025 | 14 replies
Too bad you can't buy something owner-occupied, put 5% down with the best interest rate, live in it for 12 months (and fix it up), rent it out and repeat the cycle.Here's some other info you might find useful:----------------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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22 January 2025 | 4 replies
Did you have someone or something backing you up?
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22 January 2025 | 4 replies
Selling at FMV avoids the gift tax but provides your child with a higher tax basis, reducing their future capital gains liability.A better strategy for selling below FMV is to sell the house at FMV on an installment note, then forgive interest and principal annually up to the gift tax exclusion amount.
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8 February 2025 | 2 replies
The last year we increased 5% points in occupancy.Our Marketing spend: 2024 2023SEO $18,000 $21,000 Paying to get our website and location occupancy up as fast as possible from 0% to ??
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30 January 2025 | 12 replies
Even in your area, you may meet other out of state investors so you have more context for when you talk to the people who will make up your team there.
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21 January 2025 | 5 replies
Check out the Events and Meet Ups section for local events in your area.
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6 February 2025 | 3 replies
I filled up 4 dumpsters worth of trash, old carpet, furniture, and whatever other horrors the previous owners left behind.