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My worst loss was $100,000 trading foreign exchange. I made $100,000 one year then lost $200,000 the next.
My worst real estate deal I lost about $25,000 on. Paid too much, rented to dirt bag tenant for way...
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I am curious what everyone considers to be the best aspect of investig in real estate. There are so many different strategies, benefits, and learning opportunities, I just wonder what you think. I'll start and hope...
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Have you ever had a lender tell a prospective buyer of one of your flips that within the first six months of you purchasing, rehabbing and listing the property, they (the lender) wouldn't loan on a property that wa...
Hey Everybody!I am looking into the possibility of getting into flipping. If successful build up my purchasing power and will probably consider a mix of fix and flip, brrr, and tax exchange in the long run.:) I moved...
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My closing on a flip house is being delayed due to "corona virus". The buyer is telling me its been difficult working from home so its going to delay the closing on his side. This seems like a bit of a BS thing and MY...
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I just watched a video online of someone explaining why he would never flip a house. He basically said the reason is because if you flip a house it is considered ordinary income tax + self-employment tax which ends up...
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Hello BP world ! Name is Rj just started getting into real estate investing. I am currently working on my 3rd deal but never thought this would happen. I am currently working on a triplex that we put 10k in ...
I have been driving for dollars over the last few weeks and mailing yellow letters that I write. I have only mailed around 20 letters so far. I have a lot more ready to go, but I'm only sending a few each day. I'm loo...
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Economic Update
(Monday, May 10, 2021)
Are you making love less? I thought so. Apparently you’re not alone. According to the National Center for Health Statistics, the number of babies born in the U.S. dropped by ...
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Hey All, I'm going through some cash-out refinancing on two of my duplexes and wanted to get some feedback on the terms. I'm working with a DSCR lender if that makes a difference. I started the process about two mon...