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7 February 2025 | 4 replies
take care.
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4 February 2025 | 11 replies
There are lots of local REI professionals in the area I’m happy to connect you with.
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21 January 2025 | 10 replies
Your best bet is to ask for referrals from professionals in the space: realtors, other investors, this forum, FB groups, etc.
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31 January 2025 | 3 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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7 February 2025 | 10 replies
Excited to join the BP community and connect with other professionals!
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7 February 2025 | 1 reply
Surround yourself with knowledgeable professionals who can support your real estate endeavors.
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29 January 2025 | 12 replies
Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.
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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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28 January 2025 | 5 replies
But it can be frustrating if you're on a tight time limit and don't have the patience of Job.Many hosts feel like a simple site that looks professional and is robust, does just as well for half the cost.
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29 January 2025 | 21 replies
From not having an attorney draft the docs, to trying to cheat the system with the deed in lieu to not professionally servicing the loan.