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Hey there BP experts! I closed on my first rental prop (4-unit student housing) in October and I'm totally new to working with contractors. The property is old, built in 1911. It has some rodent issues and I want to g...
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This is a follow-up to my last year post where I discussed CPA charges: https://www.biggerpockets.com/...The #1 question we receive from investors who inquire with my firm about our tax services is "How much can you s...
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My wife and I are in the process of purchasing a multifamily (2-flat) property on the north side of Chicago (with intent to owner occupied/house-hack) . During our second viewing of the property the realtor “gained ac...
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Considering a duplex that is 53 years old, has not had plumbing or electric upgrade. Recent inspection provided by seller indicates minor issues with plumbing and makes note of older electric. Needs a new roof (that w...
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I'm currently in the middle of what I'm referring to as a "live-in BRRRR" in Richmond, VA. Similar to a live-in flip but instead of flipping after living here I intend to refinance after 6 months and hold as a rental ...
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Ok, so I know that there is no way this meets code but I saw this in a possible investment home yesterday and I had to share. Just think, you could take a shower and plug in your hair dryer and then if the breaker ha...
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Hello, I hope this message finds you all well. I am writing to seek guidance and advice on venturing into the world of real estate, particularly focusing on flipping properties and the BRRRR strategy. I am starting fr...
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This is one of those posts just to get everyone talking. In my area like many, they keep building strip malls like there is no tomorrow.
Does anyone but me see a future train wreck here? This is my Oversimplified t...
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Ok guy so I'm new to the driving for dollars, So here's the question: When you find a vacant and distressed property with city notices dating back a couple of weeks for things like grass up keep and what not. What's t...