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Thinking of selling a residential duplex investment property in CT. A sale would yield $250-300k profit. Owned it for 5 years. I have a commercial mortgage on it in the name of my LLC that I also personally guarantee ...
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For a while now I've gone back and forth with a plan to put our 160 acre desert homestead into an LLC and sell off member interests with designated camping rights. The land will remain as is without any development p...
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I posted this earlier but I think it was confusing. I’d like to know if I can report this broken lease on their rental history. Secondly if they leave the place trashed can I file it on their credit report. thanks...
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Hi everyone!I am fairly new to real estate investing, even though my husband and I do own 2 homes, one of which is currently leased, but wanting to get involved and I have some questions. We are constantly getting pho...
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What is your FI (Financial Independence) number?
How to find your FI number: Determine your annual spending in retirement, yes, you need to have a budget! Multiple the above number by 25. Example, if you require $60,...
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So I decided to sell my luxury car in order to free up more capital for real estate deals.I couldn't justify having a lot of cash tied up in an expensive vehicle anymore knowing I could be investing that money.I curre...
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This was a convo my family had around the dinner table last night as some are leasing and some are buying their car. I was wondering what the BP community thought about leasing a car. Lets make the assumption that you...
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Hello BP Tide (Podcast #240),I am new to investing and just got into my first buy and hold deal on an mfh, in Puerto Rico at $65k. I am using a conventional nonconforming loan at 5.625%, with 25% down (which I'm able ...
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I'm trying to get as much information regarding the sale of a restaurant, current business, and its assets. I have done as much research as I could and want to get any additional "special things" I should know. I am g...
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Hello - I want to find a good source to locate for foreclosures (preferably pre-foreclosures) in Charlotte, NC. Considering making a purchase with FHA loan as primary residence for 2 years or so if I can find a good ...