Hello all,I bought a house for $300k and lived there for 4 years. During the time, I bought about $5k for tools and materials (with receipts) and upgraded the house myself (that would cost $20k if hiring contractor). ...
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I have tried to find an answer to this question on YouTube, Google, and of course, here at BiggerPockets. I have found many answers and suggestions but none that truly answer my question, so I'm sure I'm being too spe...
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I am a real estate broker in California and always thought about getting my contractors license so could learn more about doing flip and knowing the costs. Besides that, what other benefits would I have being licensed...
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So, I'm a couple weeks away from closing on my first 4-unit and was wondering... "How am I going to pay myself?"
How do you initiate and record payment to yourself? Do you put yourself on payroll? Do you calculate yo...
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This is sort of a big ask but wondering if anyone could point me in the right direction. I'm selling my business and I'm transitioning to real estate investment. I plan to start with an STR then I'd like to purchase a...
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This is the actual text regarding the VA Entitlement Restoration:"VA Pamphlet 26-7, RevisedChapter 2: Veteran's Eligibility and EntitlementSection 6. Restoration of Previously Used EntitlementSub b. Special Restoratio...
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I had a seller that contacted me from my direct mail postcard wanting to sell her house because she didn't know what to do with it now that she is in a nursing home. Her only concern is not being able to get Medicaid ...
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Please Explain REITs to me in the most simple way. How much capital do you typically have to have? How successful have your investments been with them? I feel like I need someone to sit me down and go over the process...
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I put an offer on what I thought was a 2 unit property. While in escrow we found out that it’s actually a single family residence per county records. We asked the seller and listing agent if the back unit was permitt...
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Hello Everyone!I have two rentals in Memphis. Both are 3BRs, and they both have Section 8 tenants in place. One home is being rented for $1100/month and the other is getting $1250/month. Both homes were purchased in c...