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I am about 90% complete on renovating a 100 year old SFH and have learned several ways to be frugal which I will carry into the renovation of my second property. I thought the BP community would gain from my experienc...
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I have lived in an older duplex, in the country for over 4 years now. My landlords are coming over to talk about me purchasing the building this evening. The property was assessed at 105K this year. My landlords threw...
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Hello, I recently bought a home for about 30k and the home had about 16k in repairs to get it rent ready. I believe this will be added to the cost basis and the cost basis will be 46k but I just wanted to make sure. O...
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Hello everyone, My name is Monico Lorenzana, I'm an aspiring real estate investor out here in Southern California. To make a long subject short, I'm learning to find home's ARV and learning to structure an offer (if y...
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As I am getting ready to do my taxes this year I started thinking about the depreciation for my rental property. I know the standard is to depreciate the rental property over 27.5 years but since I don't plan on ownin...
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My primary residence will be paid off in less than two years. At that time, I am going to purchase another primary and rent out my current one. The house will need new windows and a roof within the next five years, ...
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I have an offer on a multi with two 2 bedroom apartments and 4 rooms. The building is empty due to management issues with the owner and is in fairly decent shape except for one apartment that will need some cosmetic ...
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[i]Flip this house and we both win... I own the house outright no mortgage, but the house needs work and I don't have the money right now to do it. If you're a handyman and would like to make some money this is the de...
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Is this strange?
The PM does not have employees, they only have/use independent contractors. So
A) there are no employees so none could be my responsibility? or
B) responsibility could be mine if the independen...
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I know hard money lenders often loan on rental properties, and the difference between the loan/other expenses and the rent is the cash flow.
But do hard money lenders ever loan for a retail flip? That is they loan o...