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I recently closed on my first house and after about 1 month the first rain came and it was discovered that there was a leak due to a water stain on the ceiling. Prior to closing I had a house inspection and it was not...
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What activities qualify for the material participation tests for making your short term (<7 day on avg stay) active instead of passive income/loss? I'm taking the "I contributed 100 hours and nobody contributed mor...
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Do you think it's worth the time to just purchase a carpet steam cleaner instead of renting one? Recommend any good models?
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Should be subtitled, "Sometimes It's Better To Be Lucky Than Good"30 years ago I closed on my first real estate deal. It was a foreclosure, owned by the Resolution Trust Corporation. The RTC was a federal agency creat...
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Hello, I am starting to consider getting into multi-family units with the very specific goal of replacing my current day job income when I plan to retire at 62. Here are my current thoughts and situation and looking ...
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I have difficult tenants who are on a 1-year lease. Month three (this month-June) they let me know they were unable to afford the house and wanted out of the lease. Since they have been such a headache, I am in favo...
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A little over 4 years ago, I wrote a forum post on BP with the same title as this post. Click on the link below for the details behind this unusual title:https://www.biggerpockets.com/forums/48/topics/165...Right on...
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A new development out of Atlanta this week. An investor has been held liable for the exceptionally poor conditions of his properties, even though they were held by an LLC that was not under his own name. He argued tha...
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Hi Guys,
Firstly let me say Thankyou for the opertunity to get these questions answered by the best of the best.
I'm a 20 year old wannabe millionaire who's really struggling in life and in need of some real estate ...
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Hello BP family! Hello how are you all doing? I hope all is going well with everyone. I'm writing to get advice about investing. I need to purchase a car (Nothing new a nice used one). I have 10k saved up. My questio...