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With our old contractor, years ago, we'd walk through a property right before we placed the bid, so we could see if my calculations for the renovation were on spot. He'd give me ideas, show me ways we could avoid/...
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Hi BP,
I need a little guidance. I have my tenants mail their rent to a PO box. My rule is that as long as it is post marked by the 5th it isn't charged a late fee. I have a tenant who has lived in one of my unit...
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Hello,My parents have recently asked me to become the POA and Representative Payee for my grandmother. My grandmother has been in an adult family home for the past two years out of necessity. Prior to the adult family...
Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...
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Hey BP,I have been researching Lease Options and have been getting mixed reviews on who is responsible for maintenance on the property. Prior to doing research on lease options, I would have said that the Owner/Seller...
I am new to Real Estate Investment. Recently, bought a house in Auction that have everything still there, clothes, furniture, shoes, photos on wall and dressers, food in kitchen, vacuums, and all personal items. Its a...
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I've got new tenants that have only been in the house for one month. It's a couple and a roommate in a 3 bedroom house. I see the girl in the couple emailed me asking to get off the lease because she and the boyfriend...
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Hello BP,I created a BP account last year, but have only been lurking on the forums, reading articles and listening to podcasts since. I am now determined to get started investing in real estate in the first half of 2...
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This is a sample with a 4.5% rate 30 year fixed payment qualification includes tax and insurance and $500 in borrower monthly debt (car, credit cards...) DTI ratios at 43% after Jan 10 and 50% before Jan 10
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Gonna start by saying to just typed up a super detailed post explaining everything in my head, then I accidentally clicked the power button on this chromebook and deleted it all; so bare with me on the spark notes ver...