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I'm selling my multiplexes, and I had the idea to save the capital gains tax and instead purchase a SFH that would be a short-term vacation rental. I remember the 1031 code saying something had to be similar to what ...
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Hello all, I have been lurking for awhile on bigger pockets and this is my first post. I have a duplex in downtown Asheville, NC that I have owned for 10 years and recently finished rehabbing the upstairs part of it a...
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BP podcast #185 with Bill Powers has stuck with me since listening to it years ago.Has anyone done this RTO business model he talks about (basically renting with $150/month applied toward purchase price)?Also, has any...
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What are some STR friendly Cities/Counties in the Country. I hear Gatlinburg seems to be one of 'em. Until recently Joshua Tree,CA was friendly but seems the authorities are cramping down. What other locations do you ...
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I would like some input on this potential deal.
3/1
1100 sq. ft.
Purchase price $75k
Renovations $35k (Everything would be new: HVAC, roof, electric, plumbing, concrete patio and sidewalks, vinyl siding, fencing,...
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Lets say you find a 4 bedroom house. Would it be better to find 4 different renters and treat it like a 4plex thus never leaving you with a month of $0 rent or is it better to have less hassles and just buy 3 bedroom...
This is my first post here, so please be gentle if I'm messing anything up! I'm entering the world of real estate investing with a 200-year-old fixer-upper triplex that has some foundation shifting going on. Nothing t...
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I understand traditional rentals require vacancy, maintenance, CapEx, property management, taxes, and insurance. Other than utilities, what other expenses should I be aware of before I buy my first STR. Thank you in a...
Hello. First post. I've been listening to the podcast/videos. I've recently begun realizing that my 401k will very likely be insufficient for retirement (I'm 37), so I'm searching for alternative investments. Instead ...