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Allow me to introduce myself to the community for the second time. My name is Steven Mak and I currently reside in Vancouver, WA and work in Portland, Oregon as a Postman for USPS. I joined bigger pockets about 2yrs a...
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Hi everyone, I just joined the Bigger Pockets community and also am just starting to get into real estate investing. When coronavirus restrictions ease up, my dad is going to come home from the Phillippines and we’re ...
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Can someone please remind me...I can use 1031 proceeds from one property to acquire 3 new properties? Can any of those new properties have a purchase price less than the property of which the proceeds are from? For ex...
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I am new here and have been dragging my feet in getting started investing in real estate. However, I've made a goal to purchase a property this year, so joined BP and have been analyzing properties.I see there are pro...
I have $18,000 to invest. I would like to focus on multi family. Build a rental portfolio. I currently am working full time job. Wife is a home maker. Our plan is to purchase multiple properties and have the wife mana...
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I am forming an LLC with three other partners in order to protect our individual assets when buying real estate. Unfortunately, the LLC has no credit history (as it is brand new) and has no borrowing power. We are t...
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This is in the Hayward-San Leandro area.This home is listed for $1.2m. It is a 4 bd, 2.5 bath. Comps in the area have been in that range including few that have gone as high as $1.5m in the last 2-8 months (obviousl...
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I am trying to learn more about the regulations of a 1031 exchange. The way I understand it is that you must find a property to purchase that is of equal or more value. What I am unsure of, is does that have to be one...
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I am ready to purchase a single house and the title insurance is $1000. Is the insurance needed? This seems to be a bit of a racket. Wouldn't the estate attorney be cleaning up any liens on the property as part of ...
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I have been introduced to a concept where the realtor used leaves some or all of their commission in the deal in exchange for a small piece of the action. Example: $100,000 house, 80% LTV, so I $20,000 required downp...