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5 August 2024 | 2 replies
The key for us was hitting the right pricing for our homes.
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8 August 2024 | 4 replies
My judgement is that I thought you couldn't do 1031 on personal residences but I'm not sure how you're classifying the co-op you've bought (most people that buy co-ops use it as primary residence).
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7 August 2024 | 13 replies
You might think your better because you make more money than other people but there’s plenty of criminals and con artist in your class of people.
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8 August 2024 | 2 replies
If you just want to pick investor's brains, I'd start DMing people in your market right here on BP and buying them lunch or coffee.
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5 August 2024 | 3 replies
are there any other markets you would suggest that hit our criteria?
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8 August 2024 | 2 replies
So I was hoping people here could educate me.I'm trying to calculate the interest earned on a $100k loan over 15 years at 7%.
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8 August 2024 | 0 replies
Let’s start with a few notable facts:26% of all renters in Worcester and 17% of residents citywide don’t own or have access to a private automobile.In downtown Worcester, 41% of renters and 38% of all residents don't have access to a private vehicle.Buses in Worcester became fare-free in 2020 and are currently slated to remain that way through June 2025.It's challenging to charge an electric car if you live on the third floor of a triple-decker and don’t have access to a driveway.Do people choose not to have cars?
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6 August 2024 | 29 replies
I have 3 to 4 people use that structure with me per year.
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6 August 2024 | 28 replies
Additionally, you can do a cost segregation of the property and take bonus depreciation creating additional tax savings.Beyond short term rentals, I think buying a triplex or property every two years as a primary residence and then renting out the unit you lived in and repeating this every two years is one of the best ways to accumulate a portfolio of properties with little down with property tax savings while you live in the property.Then, it will be surprising how quickly the equity builds up as other people pay for your asset that you then can pull equity out and buy a larger apartment building after you have learned about property management from owning the smaller rental properties.To Your Success!
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9 August 2024 | 16 replies
I know a TON of people who regret selling.