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Hello all!Justin here from Gainesville, FL. I'm a long time lurker (relatively speaking), first time poster. I have been rolling around the idea of investing in real estate, on and off, for about 5-6 years now. I insi...
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Hey everyone, so I’m just starting my RE investor journey in the inland empire in Southern California, I’m looking to use the BRRRR method with either a partnership or hard money if it’s possible in this market out he...
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I know there is a long debate on this topic as to forming an LLC at the very beginning or after getting the ball rolling and waiting till a few properties in (I'm interested in buy and hold btw).I know the formation o...
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Hi BP. Not too long ago, I took an opportunity to learn a bit about foreclosures. The information sounded interesting at the time, but now that I think about it, I'm having trouble making it make sense.So, say you obt...
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Hey BP! I was wondering if any one out there has used the VA from USAA and if they counted the 75% rental income to couple with their job income? Some lenders don't and I was wondering what side of the fence USAA was ...
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Hello there, My name is Rob and I am new to BP. I joined because I have been lurking on here for a bit and learning as much as I possibly can about Tax Lien and Tax Deed investing. I am most likely going to pull the ...
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Hello! I have a few questions about purchasing an STR. It would be our first rental property. 1) should we form an LLC first? Or can we do that after the purchase? 2) STR insurance: I’m guessing we should purchase a p...
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Hey all,Just wanted to clarify but in California if I have repairs that cost over $500 including parts and labor, I need to hire a licensed contractor to do the work. If it's under $500 (including parts and labor) I c...
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This is my first potential deal and I want to make sure that I'm offering the right price, and if its too far off please let me know.Property Details: Split-level Duplex- 3 bed/1ba. each sideList Price: 99kRent: 600 o...
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I currently have a rental property I am wanting to refinance out of a variable 6.25% interest rate. Just got off the phone with my regular lender and was told this was not possible because it is in my LLC. Has anyone...