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Hey Everyone,I'm a new member here in Knoxville,TN. I graduated college in May 2017 and I've been working ever since. I'm happy to not be a broke college kid anymore! Since graduating, I've moved states, started a car...
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Hi BP community, I'm buying my first apartment and would like to get comfortable with the closing costs:what's the best way to calculate them (is there a rule of thumb? Certain percentage of the purchase price, say 5%...
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Can anyone tell me exactly what part of sec 469 of the tax code that explains what qualifies you as a real estate professional? I am having a disagreement with my CPA. He says that you have to have a 7 days or less on...
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I have been driving for dollars, and sending some direct mail to a few properties I have found on Propstream. I am ready to skiptrace and start calling some of these sellers. But I am stuck on which contracts to send ...
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I’m fresh out of college, living with my parents. Making 40K a year, with about 13k saved up (already been pre-approved for 150k loan), and I want to house hack. However, all the houses in my price range are either ne...
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I found a FSBO 2/1.5 1400 sqft in the neighborhood where I live in Portland Oregon. According to the flyer they want $134,000, it is within walking distance of an elementary school and it is on a low-moderately traffi...
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Hi all,
I have one fix and flip property under my belt that I did solely on my own (no investors) and took on all costs associated with the project, including all rehab costs. For my next project, I was looking into ...
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It would seem that this year needed to go out in a bang! Last night we had a severe windstorm which brought down a giant eucalyptus tree in our neighbors yard, taking down the power lines and landing onto my duplex. T...
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Here is some intriguing data from July that sheds light on the current situation. The market continues to favor sellers, with inventory hitting a 20-year low - a 67% decline from last year. However, buyers can take a ...
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What's going on everyone!Looking for some advice/guidance here. We're going to be exploring HML soon. I've heard of people using HML to purchase and rehab a house and then refi out to pay off the HML. But has anyone e...