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Hi I am interested in purchasing my first multi-family that has 4 units but 3 are unpermitted. What are the costs of getting these 3 units permitted in southern California? Can i ask the seller (seller is motivated to...
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Hi all,I've been dealing with contractors or subs so much lately and most of the time, I give a 5-15% tip if the job is done well. Recently, an appliance repairman was "hinting" for a tip for a small repair - which I...
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I did this flip a while ago but never posted anything because it felt like bragging. However I find myself reading and enjoying, and learning from other members posts almost on a daily basis so I figured this is my c...
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Can someone answer, or point me to the post that answers the question of how to compensate a property acquisitions manager?
I recently trained a woman to analyze and make offers on reo properties. I gave her all of ...
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A question that I am frequently asked is whether or not passive investors are able to benefit from a cost segregation study. The strategy is more often talked about relative to active investors, however with the right...
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Hi, I sold a rental property that was rented for 16 years in CA this year. The net capital gain was $480,000. Depreciation taken was $100,000. Escrow already withheld CA State tax. I'm retired in FL with $25,000 socia...
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Hi guys,
I am looking to buying my first property in Phoenix, AZ. Searching for a Duplex 4:2.5 to BRRRR - Hack. I moved here not that long ago and not familiar with the location much. Trying to practice/learn comps a...
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I own three rental properties currently, with modest DTE ratios (<70%), and strong cash flow. I'm considering leaving my current job and going into RE full-time, to grow the portfolio. I have capital to make downpa...
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House is listed as 1,300sf 2 bed, 1 bath but the description talks about the 900 square foot addition, which is:-A MIL apartment with full kitchen, living room, dining room, laundry room, and full bath, with separate ...
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Should I get renovation or vacancy insurance for a house flip? I am not 100% sure I will flip it, I may end up renting it. Which is usually cheaper and what is necessary? Thanks!