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Hello everyone,I've been managing my short-term rental (STR) in the Orlando area for a few years now. Initially, I handed over the management of my property to a company, giving up 25% of my earnings for them to handl...
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Initially, when reading the title of the article, this sounds like a get rich quick scheme or simply too good to be true. I will keep this short and concise, but most of what I have done can be replicated by almost an...
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Looking for critical feedback.I currently own a property (10 years) that is valued at $215k, mortgage of $100k currently cash flowing approx. $600/month (not including cap ex, vacancy, maintenance). I self manage the...
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It seems like so many people (mainly agents) are against wholesaling. Everyone is demanding regulation and licensing for which I believe is the right call! What upsets me is wholesalers are just middle men the outsour...
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Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
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HI everyone, So I have noticed a trend among some of my fellow property owners here in Los Angeles, California. As you may know, it is illegal to deny someone the opportunity to apply for a unit simply because they ha...
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I am in the final stages of purchasing a fourplex in Virginia and wanted to see if others had any thoughts on what my options are. In the future, this will be a question I add to my diligence checklist, but in this in...
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Ok... I have been alseep at the wheel for a minute, so I am not up to date.I have decided to sell a rental house that I have had for over 2 years, so it is in the long term catagory. I am selling because I moved out...
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Hi BP folks! My name is Mike and I have been perusing the boards for a couple of months now. Well...we pulled the trigger and made an offer on a duplex that is about 30 years old a couple of weeks ago and had the insp...
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I purchased a home during the housing bubble in a middle class area. Unfortunately, post housing bubble the area has deteriorated, renters have moved in, and my property value has dropped by fifty percent.
I'm not...