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Can someone explain the tax benefits of real estate? I know what the 1031 exchange is, but don’t know the concept of depreciation and how that is a benefit to real estate investors. Any other tax benefits that you g...
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Hello BP Community,I am curious how people estimate rehab costs on an auctioned house that you aren't able to see ahead of time.Is there a formula? Exit strategy is rent or flip depending on what the market is doing w...
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Hey Guys, Im looking to get into real estate investing on Long Island but I'm not sure what the most effective strategy is. It seems like the prices are too high to buy and hold as a rental because it wont cash flow. ...
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My partner and I are looking at foreclosures in New England in the $250k-$350k range to rehab and flip. We’ve looked at hundreds of listings to familiarize ourselves and have found about half a dozen gems (light rehab...
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I hope this isn't too goofy of a question but here goes...
My strategy/situation:
First a quick background. I'm currently investing in buy and hold using the BRRRR method. I'm on my 3rd SFR & it should be ready ...
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Food for thought: The credit crunch means that fewer people now qualify for mortgages. Mortgage money is how homes are purchased. Fewer mortages available means a lot of buyers are now out of the market.
At the ve...
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Maybe it's just me but learning from a computer just doesn't stick that well. I'd know, I've been "trying" to structure a deal for far too long...I HAVE to make this work. I'm hoping there is someone in the area that ...
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I have a bunch of equity built up in a couple of small multi-family properties and I would like to take cash out to do two things: (1) force appreciation by making improvements to currently owned properties, and (2) p...
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Summary: I have the opportunity to purchase several tax liens which return 9% at face value (no premium). They would typically sell for a 5-6% premium at auction, so should I exercise my right of first refusal with th...
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Hello Everyone!
I am a brand new investor in Texas and desperately trying to find my way around this business. I am in search of my very first deal. Does anyone have suggestions on how I might make this happen? My ...