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I was stunned when our family friend told me that she would contribute $100 K in cash towards my purchase of a $250,000 Duplex at Tinley Park, Il. I already made an offer on this Duplex and waiting for the Seller's ba...
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Hello everyone,
As a newbie investor, I am trying to learn as much as I can before taking the plunge. I started the process of learning over a year ago, but I still feel no closer to making my first purchase. By acci...
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Hi BP!I'm looking for advice on how to begin analyzing a land deal with a possible timber harvest. There are three separate, adjoining parcels for sale, totaling 303 acres in northern WA state for $2,500 an acre. The ...
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Hi everyone,I hope I'm posting this in the correct forum. I really have no idea which category this would fall under, but this seemed like the most appropriate one. Here is our situation that I could really use a bi...
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This is a bit long so.... I am wondering if any of the BP members have heard anything about using a HELOC to replace a fixed or traditional mortgage??I recently came across a u tube video of a fellow in Hawaii whose...
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So we are partnering with one of hubbies co-workers. He has the cash, but not the time, while we have the time, but not the cash. So he is willing to buy the property, and pay the downpayment and closing. But he...
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I just saw the latest proposed insanity, set to be voted on by the Seattle City Council next Monday. I would be surprised if it does not pass. This one would ban all criminal background checks by landlords of prosp...
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I'm too young to have a heart attack but that's what I just went through dealing with NREIG. Long story short I'm getting a portfolio loan through LimaOneCapital and they have some pretty specific request when it com...
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BP,I was just informed through a neighbor that my tenant has been renting out my property on AirBnB without my knowledge since the first day of his lease. My lease clearly states there is no subletting allowed, howev...
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Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...