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Hello BP Community,
I’m in the Phoenix metro area and am looking to acquire my first investment property to flip. To keep expenses down I would like to perform some of the cosmetic work myself. I’ve done several live...
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I'm 2 seconds from becoming a realtor. I notice different realtors use different marketing to get prospects attention. Some use postcards. Some send magnets, pens, keychains or some bulky item with their Broker name a...
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A friend has a rental property in Marysville, Ohio. Three months remaining on the 12 month contract. She texts the landlord and says " I am no longer able to care for you home and have moved out of the property." She ...
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Hello BP Community,I am analyzing a deal and I see the Gain/Loss Line item on the CF statement - it's a positive value - so severely inflates my Potential Gross Income. My questions are: -Kindly explain in layman term...
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There is an investment property that is over 3,000 sq ft filled with at one point high end items. I wouldn't consider it hoarding but the amount of clothing this husband and wife had blows my mind. Some items are st...
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Hi,
I recently bought a house in detroit. The pre-purchase inspection listed a number of recommended repairs. My PM just hired a contractor to make these repairs and sent me an invoice that simply says "Upgrades City...
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Hi BP members. I am CPA that specializes I real estate and international tax. I am also an aspiring real estate investor I hope to connect with other RE investors and share some of my tax knowledge with you all. I’d l...
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Good evening tax pros! I am running my sample 2022 tax return in order to figure out how much federal I'll owe for the year. I bought a property this year that was a good candidate for a cost segregation study, and I ...
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Welcome to our Question of the Week! We have a lot of people who are entering the world of real estate investment who could use your wisdom. When evaluating a property, what are your automatic no or exclusion list ite...