Hey all, my name is Mike and I'm just getting into the real estate investment world.My first flip was purchased in April of 2015. I took the plunge like so many others after watching house flipping shows on TV. Resear...
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Hi everyone - I'm hoping to get some advice on a complicated situation that we're facing for a rental condo that we own in Worcester, MA. On September 4, our ground-level unit was subject to an immense amount of water...
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This is actually my second HUD home, but I didn't do much research 7yrs ago when I bought my first one. This time I monitored the bid results and did my own analysis for how my local market was doing. The recent avera...
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Hi everyone,I just have this thought in my head and I would like to get some feedback from others on the idea since I am a beginner. In my search for properties I am seeing a pattern of diminishing returns on rents as...
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Hi All,I'm Shavon Prophet, I live in the Five College Area of the Pioneer Valley, Western Mass and am originally from the Bay Area, CA. I am an Energy Efficiency and Renewable Systems Consultant. I specialize in green...
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Hi! I've been flipping houses with a colleague for the last 2 years. My colleague takes pride on the interior design and renovations that are done to the properties. However, when the house is done the agent takes the...
I just read this great article by @David Thompson, and want to check my understanding of taxes for limited partners in real estate syndication.- Income distributions are taxed at ordinary income rates, but there may b...
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Hi, My tenant's water usage is normally 60 - 500 gallons per day. I just looked at my bill and the water usage has been 3,000 - 7,000 gallons over the last few days. I called the tenant immediately and asked what w...
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This post is directed right at my fellow investors in Augusta, Ga. Does anybody put a clause in their rental agreements that the tenants must leave for the weekend of the masters tournament (Thus allowing you to rent...
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Hey everyone!We are taking out a HELOC on our home, updating it and adding some great features, and putting it out there as a STR. We live on one of the only lakes in Broward County where you can have boats with motor...