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30 September 2024 | 47 replies
Account closed, 1 post, 1 post... you would think these spam bots would make a few random posts, maybe a "welcome to BiggerPockets" for some new member introductions and like a couple of each other's posts before spamming a thread started by someone disappointed in the system.
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25 September 2024 | 14 replies
Yes they are more than others, but they have the most comprehensive coverage for STRs.
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24 September 2024 | 12 replies
Hello everyone, I'm a 21-year-old who has been passively researching real estate since early high school but I've decided to fully dive into it. I'm a Radiographer In military manufacturing and put together a budget s...
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25 September 2024 | 7 replies
When financing a large-scale fix-and-flip project, assessing and managing risk is crucial for success.Risk Management StrategiesContingency Budgeting:Set aside a contingency fund (typically 10-20% of renovation costs) for unexpected expenses.Time Management:Develop a detailed project timeline to keep renovations on track and avoid extended holding costs.Partnerships:Collaborate with experienced contractors and real estate agents to mitigate risks associated with repairs and market positioning.Insurance:Obtain comprehensive insurance coverage, including builder’s risk insurance and general liability insurance, to protect against unforeseen events.Exit Strategy:Always have an exit strategy.
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25 September 2024 | 7 replies
Others choose to hold properties in their personal name and rely on umbrella insurance, which is simpler but may offer less comprehensive protection.
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25 September 2024 | 20 replies
Thank you everyone for your comments and advice - just within a few minutes of posting my introduction!
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23 September 2024 | 1 reply
Hi everyone!
I'm Evan Young, a 21-year-old senior at Indiana University. I am on Bigger Pockets to learn and better prepare myself for my career in commercial brokerage. I hope to connect with people in the community...
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24 September 2024 | 17 replies
We ultimately switched to Buildium as it was more comprehensive and had a large number of integrations with 3rd parties.
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24 September 2024 | 11 replies
But it's also about efficient accounting, and maximum tax advantage both on the operation and the sale of assets.One thing I've always seen is that many times it's easy to fall in love with a comprehensive strategy and set it up only to find that it really doesn't work when your parameters change.
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23 September 2024 | 4 replies
Long story short, never talked to either of them other than the introduction and they never reached out to help.