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Hello everyone, my name is Kyle and I've recently decided to begin investing in real estate. After finding myself on BiggerPockets almost daily reading through posts, I've decided to join!Long-story short, I've create...
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Hello everyone,I was looking for a house hacking opportunity in Central NJ, I am interested to buy a duplex or a triplex and live in one unit while rent out the other, to bring my housing costs down.Since I have schoo...
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I'm having a difficult time calculating tax gain/loss from a property sale and was wondering if someone could help me with calculations.Purchased Home in 2005 for $145500Converted personal home to a rental property in...
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I have been thinking about the brrr strategy ( buy, rehab , rent, refi , repeat) . What are some ways to force appreciation with multi-family properties? I understand the concept for single family homes but when it c...
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We are purchasing a duplex and are looking for general coverage advice on:
liability
deductible
replacment cost?
right now for a $60,000 duplex we were quoted at 1100/year with 1k deductible
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This may have been in another post, but thought I should bring it back to light.I think that not enough of us know, or take advantage of what most banks call a "re-cast" or "re-amortization" on a loan!! Typically, wit...
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Can anyone advise what specific charges I can dispute or reduce within the closing costs of a refinance?
I am in the process on refinancing our primary residence and wanted to see how much can be reduced.
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I am building a new 3 story stick build apartment complex here in NJ. Very small, 8 units plus commercial and I am trying to go over details of what will make the building energy efficient in the future and cost effic...
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Here I am, a month or two away from finishing with my first flip, and I have a chance to go ahead and put the thing under contract. Is it wise? What are some of the pros and cons?
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Investment Info:
Single-family residence buy & hold investment in San Jose.
Purchase price: $30,000
Cash invested: $30,000
Garage turned studio:
Living area
Kitchenette
Full bath
Two closets
A...