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25 September 2024 | 4 replies
Sounds like you have your hands full and they might get even fuller being available 24/7 and not passing on any opportunities!
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24 September 2024 | 4 replies
If a job needs a crew or individual specialized enough that importing them to an area is required, then they are likely part of a high-value deal.
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25 September 2024 | 7 replies
I would like to emphasize that you should not invest for tax benefits alone, you should be investing in things that you like and understand before anything else.
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24 September 2024 | 4 replies
Decent purchase price to rent ratioSome of the areas I'm looking into are:HaywardSan LeandroOakleyConcordPleasant HillBrentwoodTracyMantecaTurlockModestoSacramentoMy concern about some of the areas specifically in the Central Valley (often recommended here on BP) like Fresno, Turlock, etc, is that looking at numbers the appreciation doesn't seem to meet the mark for me (purchase price to rent ratio is decent, but equity isn't very good), so I'm generally focused more on the SF Bay Area.Any recommendations on cities or areas would be extremely helpful.
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24 September 2024 | 4 replies
I would also like to hear of any investor's experiences with multi-family in this region, along with any realtor recommendations that you may have.
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24 September 2024 | 2 replies
The lease already spells out the property owner's responsibilities regarding who is responsible for the repair of certain items like the fridge and AC.
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25 September 2024 | 8 replies
It sounds like you had a property under contract to buy and that your realtor (team lead) has told you that has been terminated. 1.
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25 September 2024 | 6 replies
This sounds like a difficult situation and I'm surprised that they enforce this.
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24 September 2024 | 2 replies
There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.
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24 September 2024 | 7 replies
If you go directly to the bank they will run you through the qualification process just like getting a conventional loan.