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Hi there! I have my boat on the pea gravel area which is on the corner of my multi-family property. This area is Not part of the lease. I need it for the winter time only. My tenant is complaining that it's driving un...
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Hi everyone,I just purchased a new rental property 3 bed up 4 down that I will be taking possession in a few weeks. I am doing a few changes including legalizing the basement suite and one place I'm struggling to find...
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I'm in contract (in Oregon) on a house that was built in 1950 and have been advised by another local investor to NOT get a lead and asbestos inspection. That due to the age, you should just assume leads in there and p...
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I get the double closing. What I dont get is the assignment, how exactly does it work? From what I understand I have the seller sign a purchase agreement with an assignable clause. However what I am confused on is the...
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Hello BP world. I am writing from storm stricken Lake Charles, LA. Within a short period of time our city endured two back to back hurricanes, a freakish flood, and an unprecedented freeze that has unfortunately left...
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I recently saw a post from Anthony Walker asking experienced real estate professionals and those newer to the business about gaining a competitive advantage and it got me thinking about what competitive advantages a r...
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Hey guys,
From what I heard banks normally use your gross income to debt ratio to determine your borrowing power. If I depreciate property value on my tax return to deduct my net income, will that impact my mortgage ...
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My biz partners and I found a house on the MLS and used an agent to make a cash offer, which was accepted and we paid 3% commission. I don't mean any disrespect to agents, but we can't help but feel like the 3% was o...
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Economic Update
(Monday, June 15, 2020)
It’s official: The longest expansion in U.S. history ended in February as the economy fell into a deep recession, according to the National Bureau of Economic Research (“NBER”...
I'm trying to decide for my future rental if including a washer & dryer with the unit is worth doing, and if it attracts more tenants? Or, is it just another appliance you have to worry about breaking, so don't bo...