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For new carpet installed in rental, should I report as expense or capital improvement and depreciate when preparing taxes? I've read there can be an argument for either. Of course i would like to expense it but I don'...
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I’m going through a purchase right now, $152,000 for an up down duplex. I’m using a strategy I came across in one of Russ Whitney’s books. A home improvement loan.The IDEA is to buy a house, say $100,000.-$20,000 down...
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I hope this is appropriate to post, it's not a "listing" or solicitation, but there is such a cool, huge old home near me for sale and I'd LOVE to see someone in this community do something awesome with it. I have no ...
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I want to attract sellers who are willing to seller finance their free and clear properties to me.
I am wondering how much should I reveal in an ad. should I mention some of the terms I am looking for such as 6% int...
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Investment Info:
Single-family residence fix & flip investment in Phoenix.
Purchase price: $165,000
Cash invested: $32,500
Sale price: $235,000
It was a 2/1 with 824 sq ft in a Northeast Phoe...
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I'm concerned about a couple cracks in the 6" concrete slab foundation in the garage I'm now converting into an ADU. The architect initially suggested that'd it' be no problem - he'd simply submit to the city of LA a...
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I'm new here and I'm curious as to how you preform your market research in locations you do not live in. Where do you start, where do you look, what do you look for/at. How do you know what would be a good investment,...
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LIABILITY - Continued Always carry as much liability protection as you can afford. As a minimum, you should carry $1,000,000 per occurrence. The larger your portfolio, the more liability protection you should have. Su...
I'm interested in partnering with someone on new construction for a multi-unit facility. My question is, he owns the land already and I am just going to be providing a capital investment into the construction itself. ...
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Hi everyone! I’ve got a few questions related to a real estate project I’m undertaking over the next few months, and thought there may be some people on the BP forums who’ve either had experience with similar projects...