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Buckle up. This is a long post addressing many myths around the current obsession with the "STR loophole." And the first of such myths is that it is a loophole. No, it is not. Loopholes are something UNintended. In co...
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I had to relocate to Chicago from ATL for my job and hired a property MGT company to assist with renting out my home in ATL. We found a tenant who owns his own company, wants to pay in advance with 3 month incremen...
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Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Grandfather owns trust, is trustee and beneficiary of trust. Grandfather loan son and daughter-in-law cash June 1994. Security for cash loan was Deed to land. July 1996, son passes. Daughter-in-law had right of surviv...
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Hi everyone, brand new to this. I've got a great income, great credit score, but no home ownership experience and no knowledge regarding financing options for buying apartment complexes. Here's the situation:I'm a s...
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Hi Everyone,
I will potentially be purchasing a $50k house that requires a decent amount of repairs maybe about $25k. After repair value would be $110k, plenty for refinance. The initial loan mortgage would be a 20...
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I made an offer on a property listed on MLS through a realtor. The realtor called 2 days later and said the offer was accepted. I told the Realtor I was out of town until late friday, and she said I could get the P&...
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Just a slight twist on the emotional support animal (ESA) question. I'm aware that I can't turn anyone down or charge a pet fee for an ESA. But what can or should I do if a tenant just moves in a ESA without telling m...
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Hey BP Community!I’ve been involved in real estate investing for a while but lately I’ve been bullish on fractional real estate investing. For those unfamiliar, it’s where multiple investors co-own a property, outsour...
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HI everyone: I keep on going back and forth on this but want to ask others who have made moves in either direction this year (or gone down the route of paying off properties early in general). The higher interest ra...