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Hi. This is my first post here on BiggerPockets and I hope someone can shed some light on a question of mine.I am going to create a self-directed IRA (SDIRA) LLC (aka a checkbook IRA), and I have spoken with several f...
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Hi folks!In my jurisdiction, and I'm sure it's common in most others as well, any rehab over $50,000 in cost requires permitting and a contractor's license if your are legal entity. If you are filing as an individual...
@Steven Hamilton II and @Dmitriy FomichenkoI read some threads recently where the info on basis when purchasing sub2 seemed conflicting. 2 years ago I bought a property subject-to the existing liens of $250K. Then f...
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Hello,
This is to reply to a previous post as well as information for others. This is the lease that I am going to use when the previous lease expires. It has been revised by my attorney. All comments, concerns, o...
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I'm still in the beginning stages of analyzing properties and learning what is a great investment opportunity and what should be avoided. My realtor sent me an updated listing for a property that we've been monito...
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We are doing our first 2 flips simultaneously. The 1st was pretty much as expected. The 2nd was the typical nightmare that you hear about so often from other investors.Our original costs were $26k, which was a signe...
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So I have seen this meme going around Facebook for sometime and I have tried researching myself but can not come up with anything solid. So BP is there any merit in this or is this another misleading Facebook post?
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Good Morning BP Members,I am currently making my first lease for my rental property. I wanted to get some input on things to include in the lease and get everyone's thoughts on other things they might include as well....