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Starting a vacation rental business is a potentially great way to grow personal wealth, even if you aren’t a homeowner or if you have bad credit. Making the business successful and maintaining good ratings, however, r...
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Just got our first rental property last year. We put in 25k in rehab plus it was not rented until 2017. My accountant said "Because it was over 150000 (taxable income I assume), IRS carried rental loss over to next yr...
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I'm down here in Texas and through exploring the local area I have found a number of nicely priced duplexes near a military base which got me thinking; Is anyone here willing to share their experience owning rentals i...
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I'm looking to buy a piece of land in Alaska to build a single family home. Who do I need to meet with to determine if the land it suitable for building? An engineer, architect, building department, etc.?
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I recently applied to get to approved for STR in the city, for my legal basement apartment in my 3 flat, and was denied since the unit isn't my primary residence. I live on the first floor and figured I would get d...
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Hello BP,I am from California and looking to take advantage of the higher wages here in LA to invest in out of state properties.The problem I'm having is how to decide WHERE that will be done?How did some of you decid...
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I have always been a hands on/engineer type person, this is in my nature. I really enjoy getting my hands dirty and doing work. I'm starting to question to what extent I should continue to be hands on with my real est...
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This will be my first flip and I have questions on ROI.
As background, it's a 1400 sq ft ranch in a very desirable area where homes typically fetch $500/ft+ after rehab or new build. Just to use round numbers, I'm b...
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Is it really common as a real estate investor to get sued? If yes then how can you minimize the risk for getting sued. Have you ever been sued or know someone who has?
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Hi - I have experience in SFR and 2 unit properties and am looking to delve into larger 5+ MF.
How do you determine if a property is Class A, B etc?
Examples: I presume a Class A would be a 110 unit, higher-end pro...