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I have been talking to fellow investors about wether it is better to own property free and clear or have some kind of money against a property even if it is a line of credit. Tax purposes is the answer I get when I tr...
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I would like to put my theory out for a test and see if you guys can shoot some holes into it.Here it is:1.) Real Estate Prices are mostly a function of supply and demand. There are some other factors that play into i...
I was recently asked about my opinion in having stainless steel appliances in rentals to which I really did not have much of an opinion on the matter other than as an agent I rarely see it rentals. I want to pose t...
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Hi All, I have a court hearing for judgement on May 3rd.The tenant and I agreed at the end of March that all rent from Feb to Current would be paid by April 15th. This was a court order agreement. So far, I received a...
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We just opened escrow on a parcel of land on which we will be building a new 11,000 sq. ft. medical office building in Fullerton, CA. It's 3/10 of a mile from St. Judes Hospital, and the ONLY available parcel on which...
I just had 2 very nice Chinese students look at a house I have for rent. They want to rent it.
They speak very little English, but have a friend that can translate. They do not have a ss# because they are tra...
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Hi everyone!I'm in the process of trying to select flooring for my live in flip. My husband and I will be living in this house for 3 years minimum so I don't want to go cheap with flooring but don't wanna go too expen...
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My fellow investors, and RE pros, I need your opinion. This would also be a good question for #AskBP. While I would think active investing (you know, wholesaling, flipping, being a landlord) as well as value adding to...
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So I get a call from one of the brokers I use and he tells me about this ‘great duplex’ foreclosure that started out at $199k, then worked its way down to $149k whereupon an investor bid $85k. Which the bank refu...