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A Scope of Work (SOW) is a description of planned property renovations, with the primary components being a line item budget and a construction schedule. A detailed SOW is important for nearly every type of value-add ...
Hello Guys,If you were about to 1031 exchange a couple of properties and they are about to profit you 100k, what would you 1031 exchange that money into? In other words what strategy would you use to turn that 100k in...
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Hi Everyone! I'm new to BiggerPockets after finding their blog incredibly useful / informative. I am the daughter of a real estate developer and have loved the asset class for a long time. Last year I purchased my f...
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Introduction:
In the constantly shifting sands of real estate investment, finding a niche that balances risk and reward is paramount. Among the myriad of options, mid-term rentals are increasingly standing out as a g...
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Hi, advice please...I'm looking to cash-out refinance. In Chicago, what elements of a property could help increase value in the appraisal?
Property built in 2001, things looking bit tired or starting to need repairs...
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A neighbor offered to give us a 2 bedroom house ("You move it, you can have it :wink: ). It's structurally sound and we have experience with rehabs, so that part is fine. However, this whole moving-the-house business...
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Hey everyone. Hope this is not inappropriate - I am a newbie: What would advice would you give me for my first investment. I have about $40k - $50k to invest? I am open to house hack and buy and hold. I live in C...
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Dear friends,
In these challenging times, deepening our understanding of multifamily underwriting is crucial. As the foundation of real estate investment analysis, underwriting allows us to evaluate potential returns...
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I read some topics in the last couple of days talking about buying in lower income neighborhood. I am a little confused. What makes an area a war zone? It is strictly the crime rate in the area or does the average inc...
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Particularly in the hot and supply-tight Greater Los Angeles region, how do you decide whether to buy investment properties, and how do you decide to pass? Obviously, "the numbers have to work" -- but what does that t...