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Hello, biggerpockets! I am CRE professional living in Chicago and starting to test the waters as an owner/operator in the form of stabilized, cash-flowing 2-4 unit assets. Over the last 8 years, I’ve worked for two ...
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Hello! Can anybody recommend a good CPA in Fresno, CA (or nearby surrounding areas) who can advise me about my tax situation?
I am a self-employed contracted mail carrier for the USPS. I am looking to get certified a...
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I am considering buying my first rental property and wanted some feedback from people that have done it before. Feel free to tell me it’s a bad idea, give advice, encourage, or tell me your process. Everything helps. ...
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Hello everyone,I've been spending the last 2 Months or so listening to as many BP podcasts as possible and reading recommended real estate books. There is a lot of information to take in so I just wanted to get some i...
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Good afternoon!First off, I want to say thank you for reading this and spending your precious time helping me out. I'll start by laying it all out there.As most of us here at bigger pockets the idea of working until 6...
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Hello BP community,I am looking at deal in my local market that's priced at $425K. This property will need about $75K in rehab and the market rents would increase between 5% and 8% once the rehab is done.I am trying ...
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My general attitude toward the economy is that I think there is a chance that prices start to dip in 2021, which might provide some extra opportunity for investing. I'm taking this time to build up capital and prepare...
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Since it's so hard to collect from tenants who owe, or in some cases not really worth trying to collect, I would like to know more on being able to use the 1099-C "cancellation of debt" form. All responses appreciated
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HelloI started my real estate journey 4 years ago, purchased a few properties every year, my current portfolio includes 17 units with a monthly cash flow of $8K, now I am trying to figure out my next step. My initial...
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Will building a real estate porfolio of positive cash flowing properties lower my debt to income ratio? And thereby limit my ability to purchase a $1,000,000 2nd home?
I own a primary and 3 positive cash flowing ren...