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Seen this pop up on several “top 10 trends going out of style in 2022” type articles. It cites Covid work from home as the reason, where people desire more privacy now. Personally I’m having a hard time coming up with...
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Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
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Okay, I have had enough of this CA investor talk in other posts. I am one of those investors who lives and invests in flyover country and I am scratching my head as to how you investors make money in a systematic, re...
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Those of you guys that have been at this I am curious how you handle the following situations. Everyone says to set your rules and keep them.Smoking:Pets:Credit:Felons:Age:First time renters:Previous evictions:Rent Co...
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So I've been looking for deals in the Washington DC, Baltimore and Richmond VA area, and I've spoken with a half a dozen other investors nationwide, and the theme seems to be the same:NO ONE SEEMS TO BE FINDING ANY DE...
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Right now I'm in residential 100% because of the availability of 30 year debt. Balloon payments terrify me, am I overreacting?Not being able to refinance is one of the ways you could lose everything. I can't imagine h...
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Hey guys.I have been listening to the podcast for awhile now and alot of the investors who speak about the BRRR strategy find private or hard money and buy the property, reno, and refinance at the new appraised value....
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Let's try this again. Apparently, I am not allowed to ask for referrals in this forum. I am an out of state investor new to the game and the BP community. I am looking to start purchasing some properties in the Memphi...
My inlaws have a 4 unit property that should net around 10K a month. The PM company tell them EVERY month that between 4 and 7 thousand dollars of maintenance/repair is needed. My inlaws say, "well the building is old...
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Hi Guys,
Brand new here, with a question:
Can hard money lending be considered a small business, where expenses can be deducted -- just like any other business? I thought this was a given until I started reading ab...