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Good evening all,
For those of you familiar with my approach, you already know I'm interested in holding onto property long-term for the appreciation potential. However, my wife and I are willing to take a good hard ...
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Economic Update
(Monday, August 31, 2020)
The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the good news for real estate...
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Good morning fellow BP members-We are looking to purchase our first STR in Florida. Gathering info and numbers and learning so much. For those who have STRs, how did you structure your financing? 20-25% Down payment w...
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Our condominium building, comprised of 36 units, located in Broward County, Florida, underwent a substantial assessment in 2021. The owners of two-bedroom units were required to contribute $72.5k, while one-bedroom ow...
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I am getting some pushback on the idea of recourse vs. non recourse loans from a banker I'm just about to go with. My accountant told me not to take out a recourse loan, one that allows for deficiency judgments (th...
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Hi, I am new to bigger pockets. I caught the bug two weeks ago and have watched about 50 videos lol. I have a rental condo worth about 550 payment is 1000 per month HOA dues are 150 per month currently rented at 2000...
Southern California home sales crash - Corelogic (Nothing to see here, move along) ;-)Are we at the tipping Point . . . ????"Southern California home sales hit the brakes in June, falling to the lowest reading for th...
Currently living in California, but I have my sights on South West Florida, the Gulf coast exclusively. I flew there twice last year and looked at properties with some agents. I'm looking in the $100 K price range but...
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Hey guys, thinking about purchasing a car this year and wondering if it is possible to write off a luxury car for their STR expenses.My tax advisor said that I will need to prove this car was used for the business.I k...
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Hope this post finds you well. As I sit here at my J-O-B sharing my first post to the bigger pockets family, I would like to get some feedback/ direction. So a little back story about me, I'm 20 years young from the ...