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27 January 2025 | 6 replies
Had a quick question.I purchased the property for $500K about 10 years agoI'm selling the property for $575K with the Fire DamageI received an insurance check of $380K for the fire damage.After Paying off the Mortgage + Escrow + Realtor Fee's, I'll be left with about $150K.My question is will I get taxed on this $150K?
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30 January 2025 | 3 replies
I have an opportunity to make a quick 30k in equity, but only cash flow around $25 — if I look at long term appreciation, that seems to make sense to me, but am I overlooking something and trying to make this work?
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3 February 2025 | 5 replies
Prices in SLC and provo have risen so quickly and the yields just aren't too exciting.
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30 January 2025 | 13 replies
Responding quickly, like you do, definitely makes guests feel valued and reassured.I think the choice between automation and personal interaction depends a lot on the host's availability and scale.
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30 January 2025 | 2 replies
Happy to give you a quick background about the market.The median home price in the MSA is about $350,000, but you can find plenty of rent-ready properties in suburbs north of the Tennessee River for under $250,000 or under.
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30 January 2025 | 4 replies
You should check with your 1031 provider quickly.
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27 January 2025 | 35 replies
Sadly, on BiggerPockets, some are quick to label companies as scams without real experience.
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7 February 2025 | 6 replies
@Cameron Porter half off of a $30-40K price may not be enough to make a purchase work.We've seen clients quickly get upside down with Land Bank purchases:(So, proceed with caution and hire a great inspector and contractor to go thru the property before you agree to buy it.
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3 February 2025 | 2 replies
You can quickly see why looking at this graph - https://www.visualcapitalist.com/buying-vs-renting-house-in-...You can see how in 2015 the average mortgage was cheaper than the average rent, so it was easier to make the math work with light value add and just buying single family homes.
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6 February 2025 | 5 replies
Hello everyone, Quick question, I currently live in California and have my entity set up in California to do deals in state.