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I'm probably the only one on Bigger Pockets on a Saturday night, but was reading Avery Carl's "Short Term Rental, Long Term Wealth" and my mind is churning as usual. I enjoy the book - it gives a great overview of the...
We rented out our house 2 months ago (We had 3 applicants we chose the one I thought low risk but turned out total nightmare). First month we spent close to half month rent to fix things they requested. Starting secon...
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Hello! I am no kind of real estate professional, but my husband and I are considering renting out our house while PCSsed elsewhere. He's in the Navy, just got PCSsed to San Diego, and we're looking into having me foll...
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Self Storage- Bus Bench AdvertisingA lot of people consider Self Storage to be a very simple business of Metal buildings with no maintenance and counting cash. They are right to a degree, and then I go through the com...
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Let's get straight into it. I know wholesalers that have made hundreds of thousands of dollars in assignment fees, yet they are missing the important fundamentals of running a business. Most wholesalers are hustlers a...
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In reviewing my taxes for the upcoming year, I've been looking more closely at my Schedule E and reading more about depreciation and cost basis. I know that your cost basis needs to be accurate, a number the IRS agree...
Hello BP,I have worked with contractors in the past and it did not turn out well. Both times the work was poor quality and I had to pay to get properties re done. Also, they had lack of knowledge on permit requirement...
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Hello all!I'm asking for 1.5 month's rent for security, which totals to $5,700. Prospect tenant says he counters with $4,000. He's signing a 2-year lease agreement and we already came down on the rent by $100 after ne...
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If you follow the financial market...Oil just closed at NEGATIVE $37. Meaning, oil producers are paying to have their oil taken off their hands. (just 7 years ago, oil cost over $100 per barrel)There are many people t...
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Hi BP Family 6 weeks ago I’ve made my decision that I want to invest in RE , I read through the book “The Ultimate Beginners Guide” and once I knew that what I want to do is “Buy $ Hold” (see what I did there!) and th...