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Hey all,My mom is retiring next year at the age of 67 and her tax guy has suggested she gets into real estate to help lower her tax situation. She has made great money in the stock market and she has always been again...
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I have been working on buying a condemned duplex for quite some time now.I've gotten bids from general contractors, a structural engineer's report, etcEverything is set for closing, the lender is ready, I am ready, al...
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Hello everyone,I recently read a post and wanted to share my experience with The “Flip System”, as I believe transparency is crucial when considering investments like this.
I come from a blue-collar background as a f...
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Listening to various podcasts, one of which is BP Podcast 356 with Joe Asamoah, that talked about landlord and tenant relationships got me thinking. Joe gives out gifts and flowers and such to his tenants. I really li...
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What makes commercial real estate a better investment than the stock market
Investing in the stock market can be a great way to build wealth over time, but it also comes with risk. Losing money in the stock market ...
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Hi, I rented the rooms out in my basement this past year and collected $16,200 in income. How can I best handle this income, come tax time? It's obviously a good chunk of money that will be added to my income but have...
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I'm about to close on a property that will be my first vacation rental, so I'm starting from scratch. I'd really appreciate some advice about how to get started when I get the keys. One of the first things I think I s...
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Hello BP family! This question is for my fellow real estate agents out there.
When first starting out in the business, obviously friends and family are an immediate outlet for referrals and leads.
My question is, ...
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Happy Tuesday BiggerPockets. I am seeking some "what would you do" information. If you were in the process of gaining your first property and were approved for a 40K business line of credit, would you buy a SFH (ther...
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Hi guys, It's good to know that there are tons of other like minded folks! I am new to the RE business. Home ownership, is currently my only hands on exposure to RE (ten years ago, so quite rusty). I am looking to ...