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9 June 2018 | 98 replies
Keeping that 0 deals in mind (and actively looking at making my first), how should I approach this situation?
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6 June 2018 | 4 replies
@Matthew T.To fund any kind of retirement plan, you need earned (active) income.
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3 August 2018 | 12 replies
@Sanjeev KaushikI agree with @Dawn Brenengen, you'll see the ones active in the community and they'll stand out.
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9 June 2018 | 8 replies
To find the local wholesalers, I suggest doing some research into what local Real Estate Investment Associations (usually via Meetup.com) are available and actively meeting.
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5 June 2018 | 2 replies
I bit usual layout as its set back from the street with its own access lane and backs to a large apartment building and has taller wood fencing, but the owner has lived there for 12 years and is 73 now and tired of playing landlord with his neighbors/tenants - he has the usual tenant adventures going on right now, such as an eviction and probably isn't a thorough tenant screener.
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11 June 2018 | 4 replies
I spoke with a the city assessor in Tosa a while ago they said they are looking to have the properties on a street be correctly positioned to each other, meaning that they want to identical houses being assessed the same.
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6 June 2018 | 3 replies
The CPA you spoke to was right, there are tremendous tax benefits for what the IRS calls "real estate professionals" The basic criteria is twofold: 1) you must engage more that half of your 'working' time in real estate related activities. 2) You must spend at least 750 hours involved in RE.What is considered real estate involvement?
11 June 2018 | 152 replies
Not deal breakers.I'm currently an active retail mortgage originator, amongst a couple other things, but Its been my experience that working as a wholesale account executive from 2000 until 2016 and being on the backside of literally thousands of loan closings since the inception of the newest regulations that I can recall only one instance of a set back caused by cents on a transaction, but that was early on in the Dodd/Frank era and was the result of software, that was subsequently fixed by an addition 3 day waiting period, because that was the safest play for the lenders ***.The take away here, again just in my opinion, is on the front side of the transaction, write the offer at whatever it takes to get the contract done, then hand it off to your favorite lender...they'll figure it out. :)
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29 June 2020 | 5 replies
Hello BP fam, I have a couple questions as I’m actively working on purchasing my first investment.
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8 June 2018 | 10 replies
Also want active RE income from rehabs (primarily SF, but could also be small MF or even small retail).Other criteria/wants on the list:- Mountains...real mountains, not hills or far off across the grasslands mountains, but real mountain views and access to hiking and skiing, etc.- Family friendly and decent schools- Within 1 hour of a really good children's hospital and an even closer decent ER.- Within 1 hour of an airport- Low taxes!!