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Brand new to investing, doing reading now. Have been talking real estate with friends and family and family member offered to invest $10,000 with us on our first deal or deals. Just finished The Millionaire Real Estat...
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Hi Guys,I have a question for the fix and flippers, I kinda read the fact that it's so easy to get a home improvement license, so based on your experience does it help to have a home improvement contractors license? O...
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I bought a turn key property in January 2020 for $180K.I did not do any additions or anything. Just simply renting it out. Recently got a mail from escrow company saying that there is a shortage and my monthly paymen...
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I'm currently in the process of buy an investment property from a private seller. I have secured financing and I've finished my due diligence. The bank called me yesterday and said that the abstract company was sold t...
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I am writing this for new and experienced investors on Long Island, NY. We noted over time that many investors simply have trouble valuing a deal. Getting accurate comps from realtors is difficult and most contractors...
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Breaking this down simply, I got a duplex property at a pretty decent discount (~76% ARV). This property is in a great neighborhood, needs minor repairs and updating ($10k), the seller just wanted to sell and be done ...
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Hello everyone,
My name is Asiel Zermeno, I am carpenter in Los Angeles who wants to pickup wholesaling real estate as a side hustle. I have a question for all you Fix & flippers in my area. What is your current...
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Without exception, every episode of "Flip This House" that I've seen has a portion of the show in which almost immediately after purchasing the house and beginning the rehab, they uncover some sort of problem that the...
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Hi, guys! I still need to file taxes for 2018. I also have a new LLC but did not make any money this year. I remember reading that I can simply complete my normal tax form and that will also count toward my single mem...
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Part of analyzing a deal is having an understanding of the fixed costs that come with doing that deal. BiggerPockets Blog contributor, J. Scott wrote an incredible article to spell out the details for anyone interest...