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Watching the Today Show, the tornado in St; Louis leveled a house that was under contract and was to close on Monday. The Buyer should have the option to walk on the deal or close and receive all insurance proceeds.
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My client wants to buy a new home and rent out his current home. Current home value is roughly $258k - he refinanced last month at 2.75% / 30 year and owes $150k. The rental calculator uses the purchase price to deter...
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With all the crazy stuff going on out there I wanted to take some time to share a big WIN for me! I just scored the most important member of my REI team. No I still don't have an amazing contractor, insert sad face....
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We have several vacation rentals and try to keep them refreshed and interesting with new decor as we find it. How do we claim a deduction for small items like dishes, a lamp, or decorations. They don’t seem to fit t...
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I have been a real estate investor for about 3 years now in the Columbus OH area. I have investments that cashflow and have landed me solid equity!Now I am turning to an additional source of income, brokerage. I recen...
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New BiggerPockets member, 1st time home buyer, and 1st post! Recently got approved for a FHA 203k loan - yay 😃
My interest came back 3% but my APR came back 4% what is that about?
Am I ultimately paying 4%? Is thi...
I've been trying to get a hold of all the necessary REI jargon and am doing okay (I think), but am somewhat confused by two terms: Cap Rate and Gross Rent Multiplier? Are they the same thing?
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I have a month to month tenant in our duplex and I was wondering to raise his rent do we leagally have to give him 30 days ? Do we put this in writing and have him sign it to go into effect ?
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I received the following email earlier today from NAR reguarding the IRS wanting to eliminate 1031s. There ia a survey Link in the email, please fill this out if you would like NAR to fight to keep 1031s. I have no...
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Hello Everyone. I am starting new this year. My ultimate goal is to replace my full time job with REI hopefully starting with one Rental Property. While I am researching and learning how to "get started" my wife an...