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I have recently been talking to a few local lenders about transitioning from small real estate investing (I own 5 small homes in rural areas) to purchasing larger, multi-unit housing. Since I am currently showing a l...
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If you own rental real estate, there are three different ways to treat your rental losses depending on your status. One of these is "Real Estate Professional."
First, let's dispense with one myth: Real Estate Profes...
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Hello BiggerPockets,
I'd like to open a discussion on an unconventional approach to real estate investment: utilizing unsecured term loans instead of the traditional route of mortgages. This strategy might sound unor...
Hello everyone, I am brand new to investing and so I need help. This is a great site and Im lucky to have found it. Due to me being laid off of my job I am forced to look at another way to make a living. I have ALWAYS...
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Took a deep dive into analyzing my STRs this year. November marks the beginning of our slow season for the STR market in our area & I started noticing that even though I had to lower my prices to keep occupancy at...
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Hey there guys!We forwarded 3700$ balance due to our former tenant, however most likely tenant won't pay as he mentioned on the phone he will be filing for bankruptcy. Our property is located in Lubbock, TX and tenant...
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Is it normal to pay anything upfront besides a down payment on Private Money Lender financing deal
Does this look legitimate to you guys https://drive.google.com/file/d/1WXAqllCuZVMjkv6HjqLmv-gw3bmwPqr2/view?usp=driv...
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I'm seeking advice from other investors and attorneys. I am an investor in Texas, and I've been presented with an evergreen contract from an attorney I was planning to work with for ongoing projects and advice. It req...
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About to close on my first property and need to decide on how much insurance to purchase. The main piece I'm having trouble with is deciding how much water backup insurance to purchase, if any. I don't have any expe...
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Hi All! I apologize for the long post in advance :)Anyways, it's been awhile since I've visited BP but over the past couple of years I've been looking into buying rental properties for passive income (but too "scared"...