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Hello all, I'm Erik. I'm from Chandler AZ, father to one nearly 5 year old girl that I felt my daily IT 12-14 hours days was robbing her of needed father and family time. My wife is a IT manager still putting in 12'+ ...
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I initiated a 1031 on October 18, 2017 (a flip I owned for 4 months), and now realize it may fail. However, I've already filed a 2017 return. Will the sale be recognized by the IRS as a short-term capital gain in 20...
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I've been crunching some of the numbers as outlined by numerous people here on BP for some of the houses in my area and producing cash flow on rentals just seems like a long shot. As an example one neighborhood I'm lo...
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Greetings, everyone! My name is Ann Werner, and currently I am a stay-at-home mom in Sandy, Utah. I have been reading many books and listening to podcasts (especially Bigger Pockets!), and am hungry for change in my...
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As a new investor in CT, I'm looking to flip my first property and would like to understand what lending options are available to me. I've read the BP Ultimate guide, several books, and a number of forums on the subje...
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Hi, We are living in an apartment in high rise building in midtown Atlanta. The lease ends in November. Due to Covid, we are considering moving to a house rather than the community living since we have 2 very young ki...
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I am new to real estate investing, and am looking for sources of free education. Any thoughts? I was able to finish the BP "Beginner's Guide to Real Estate Investing Course" on YouTube, and really enjoyed it. I am loo...
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Hello
I am trying to find an answer to a short term rental question i have. I am a condo owner over at Daytona Beach in Florida. I had a situation come up where a potential guest wants to rent my unit for 4 months...
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BP Community: If an investor is on a short-term, high interest rate loan that helped to acquire and rehab a property, what happens if a recession hits before the property is seasoned and refinanced?
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Hello. Me and my brother own 2 properties (both names on deed's). Even thought we own them 50/50, when we apply for a new loan, we are responsible for the whole mortgage balance. The rental income is counted in half b...