24 April 2019 | 0 replies
Rents are about $1500 while his monthly payments lay around $2000.He now is tired of the townhome problems and wants to short sale, but I am trying to see if there is another option to save his credit and create a win-win for him.After looking at the comps I'm having difficulty searching for that solution.
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26 April 2019 | 13 replies
You don’t have faith in technology do you?
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30 April 2019 | 5 replies
Here is my proposed question for you to send at your leisure on my behalf to Bigger Pockets.
There are three women named in a Will to inherit a house in Panama from an Aunt. Female A and Female B are legal half-sist...
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29 April 2019 | 2 replies
Lastly, are there any technologies I should implement starting out such as Quickbooks.
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26 April 2019 | 1 reply
My brother lives in a very high demand area (State College PA) and wants to convert his garage into a rental/Airbnb option, but he’s experiencing difficulties with the cities.
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25 April 2019 | 0 replies
Some may prefer to utilize the convenience of technology while others want to maintain personal relationships.
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3 May 2019 | 12 replies
Taylor, just like Eric said technology has bridged that gap.
27 April 2019 | 8 replies
@Chao Liu with today’s technology agents are not needed.If you don’t have time or are have to many units to do it yourself they can be useful but... they will not do a better job than you and in most cases don’t have better marketing techniques to reach more people.
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3 January 2019 | 8 replies
Purchasing an investment property increases the level of difficulty of your tax return.Purchasing a house-hack is even more difficult.To make it even more difficult - you plan to make improvements so you have to determine which costs are currently expensed and which are capitalized.Not only have you acquired an investment property but you also acquired a personal residence.As a result, direct expenses towards your investment property and indirect expenses are deductible business expenses that can be used to decrease your net income from rental activities.With all that is said - you are trying to operate a business so I would hire professionals to help you with your tasks.
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22 December 2018 | 12 replies
utm_source=newsletterYou can find a glossary of some acronyms here: https://www.biggerpockets.com/rei/real-estate-abbreviations/You might also want to read: The Ultimate Beginner’s Guide - https://assets2.biggerpockets.com/uploads/user_file/file_object/329/UBG_2018.pdf...actually the entire section: https://www.biggerpockets.com/guidesBP has a whole section dedicated to education and starting up - https://www.biggerpockets.com/intro-to-rei/overviewGet busy with the entire Education section on BP: https://www.biggerpockets.com/hubs/property-types https://www.biggerpockets.com/hubs/finance https://www.biggerpockets.com/hubs/strategy https://www.biggerpockets.com/hubs/finding-deals/analyze-deals https://www.biggerpockets.com/hubs/property-management (including TENANTS MAINTENANCE) https://www.biggerpockets.com/hubs/business-operations (and the sub section on REAL ESTATE MARKETING TOOLS & TECHNOLOGY TAXES & ACCOUNTING LEGAL TEAM)One way or another you will pay your "real estate tuition" - either in time, effort or money.