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I have often read people post things like, "Lenders shouldn't charge upfront fees...if they do, RUN!" And for a period of time I seemed to agree with this. I have to say, I no longer do. Full disclosure, I work with...
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Hello All,
I went under contract on a Fourplex in Miami this past week with the following stats: two 2/1's rented at $900 per month and two 1/1's rented at $700 per month. I figured these numbers were fabrica...
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Hello everyone -- this is my first post here on the BP site.My partner and I are looking into purchasing a boarding house and I wanted to see if anyone else would offer their opinion. The home is located among multi-f...
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Hi Everyone!I have been doing. Rental arbitrage for the past few months and am up to 6 units that are all performing very well. I see a ton of opportunity to continue to grow (I could have another 6 this week if I had...
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Hello fellow BP'ers,I have a friend who is starting his retirement but is anxious about no longer "getting a paycheck". The issue is psychological, not financial. He's been financially fortunate working in high tech, ...
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Hello people of BP,
I have a 4-plex in Mesa AZ that is two-storied. One of the second floor tenant installed tile floor on her unit - as the result, the floor bowed down due to the weight of the tiles. I trie...
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Hi All, I'm interested in shipping container homes in the Austin TX and surrounding area. Have you built one? Do you know of anyone who has? I'd love to explore ideas about container homes or container apartment compl...
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Hi Bigger pocketers,Through bigger pockets, I've been a big fan of BRRR. I bought and hold properties in southen california area ( total 6 investment properties). My investment properties would be considered class B ...
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My CPA advised that since I will be managing the rental myself, rental income qualifies as Active (=earned) income (vs. Passive).
Does that sound right?
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BiggerPockets Community I NEED YOUR HELP.So I am looking at this 18 unit apartment complex to buy as my first deal. I know it's a huge jump but I am diving head first into this investing stuff and just realized how mu...