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20 June 2022 | 25 replies
You will be setting up from your router, and selecting a level and can customize which type of sites to allow/disallow.
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20 February 2020 | 4 replies
Select your partners wisely - Realtor, Lender, 203k Consultant, and ContractorREALTOR - it's recommended to work with one that has done a 203k in the past so they know what verbiage HUD wants to be added to the purchase offer contract and how to structure the deal.Lender - advise you to select a lender with verified 203k experience; the lender is the quarterback in the process, controlling the rules, paperwork, processes, procedures, and if the lender does not have sufficient experience with the 203k, your entire process can look like the Cleveland Browns on a Sunday afternoon.203k Consultant - The 203k Consultant determines the scope of work and pricing for the project and inspects the completed work; the lender is responsible for selecting the 203k Consultant (refer to Lender paragraph above).Contractor - strongly advise you to select a contractor with the accreditation as a Certified 203k Contractor; keep in mind that the contractor does not necessarily determine the pricing for the project (see 203k Consultant info above) but does need to know the different versions of the 203k, payment methods, timelines, paperwork, forms, and processes; definitely don't want to work with a contractor who is going to "wing it" on a 203k.You're only as strong as your weakest link.
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10 March 2020 | 8 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: https://www.biggerpockets.com/podcastIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
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12 June 2021 | 3 replies
You can select the amount of the deductible, usually ranges from $500 to $5,000.
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28 April 2020 | 22 replies
I am in process of interviewing different brokerages before I select one.My intention is also for personal investment (residential/commercial/industrial).
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23 February 2020 | 8 replies
Often times when using the BRRRR method we have to select a property that's in a certain area of town....that may not fit our PERSONAL needs with a primary home....but does fit our needs as an investor.The point I would encourage you to consider is that house hacking works AGAINST cash flow.
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9 March 2020 | 41 replies
So they may avoid expensive mistakes.On the other hand it does require being able to do that due diligence and since it's a lot more difficult than selecting an index fund, not everyone can do it.
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3 March 2020 | 5 replies
We select our properties based on what the scope of work will likely look like because we like our rehabs to be completed in the 45-day area.
22 February 2020 | 16 replies
I was reading and got to know that we need to disclose the selection criteria to all applicants in Texas.
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24 February 2020 | 61 replies
I imagine a CPA would add value via opportunity identification and facilitation (i.e. 1031 exchange, QOFs, advantageous strategy implementation during rehabs/improvements and putting a property into service, tax entity selection, etc) but I may be biased...Also, you'll want to ensure that your property was actually placed into service during 2019, and which of your costs are 2019 tax year deductions and which are improvements subject to capitalization.