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20 December 2024 | 5 replies
Some quick googling suggests the answer is yes provided I don't rent it out more than 180 days for the first year, do I understand correctly?
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17 December 2024 | 11 replies
Must have been my mis-understanding.
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24 December 2024 | 25 replies
But they are slowly decreasing from the fast spike, as the market tries to make sense of rhetoric (100% tariffs on BRICS countries) vs understanding what the actual policy is.
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18 December 2024 | 8 replies
I understand that sending them a message through the platform may flag me for solicitation.
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6 January 2025 | 25 replies
If you are early in your career (would understand not having a lot saved early on) you should let your current job run for 8-10 years and save as much as you can (as painful as it may be, but remember building wealth isn’t easy either or everyone would be wealthy).
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24 December 2024 | 9 replies
And still trying to understand basics.
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24 December 2024 | 9 replies
Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.
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21 December 2024 | 6 replies
It’s worth understanding their opinion and sometimes this kind of request means they see more potential in the deals than they’re letting on.
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19 December 2024 | 3 replies
Hey Bigger Pockets community, I'm just starting out in Step 1 (get educated) on what I want to become a successful career in real estate investment.I also currently run an e-commerce business that is currently completely online, but would benefit from having a brick & mortar storefront, and I had an idea that maybe using the investment capital I'm looking to allocate into real estate into a commercial property my business can operate out of until I decide to sell the property in or rent it out to another business.I am obviously very naive when it comes to the complexity of any good real estate deal (especially commercial VS residential), but I'm hoping to spend as much time learning from everyone here who is on their journey as well.My main concern with the idea of buying commercial to operate my business out of it that I might struggle to rent it out afterwards and that there may likely be depreciation in the commercial real estate market over the next 5 years.I understand there is a lot of nuance depending on the local market but I'm guessing commercial is even less of a "safe" bet than finding a solid residential deal to leverage in some way.
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19 December 2024 | 4 replies
We help our clients:1) Find a fixer-upper to buy2) We get bids3) Negotiate a Scope Of Work with the owner using "Maintain to the Neighborhood" to avoid over-improving, but understanding we will have to pass city Rental Inspection to avoid being a slumlord.4) Provide multiple jobsite videos to show progress and document WHAT was done and the QUALITY.5) Handle passing city Rental Inspection6) Find a tenant with a Replacement Guarantee per Class7) Assist with refinance, so client can repeatSo, why you looking OOS again?