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Hello everyone,This will be my first post on BP. I have been a firefighter for 7 years, had a side business doing home inspections for the last 2, and recently made the decision to also start investing in real estate...
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Hi guys, I'm new to the forums but have been listening to the BiggerPockets podcasts for the past few months in preparation for making my first investment property purchase. I'm really excited to get started with my f...
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My husband an I are beginning our opportunity investment careers this year in the Cleveland area. After just finishing lindhaul's "Emerging Markets" book we would like to direct our 20k start up money toward areas tha...
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Alright BP, here's a question. I have a tenant that I recently placed in a Baltimore area home on a long term lease. Before the first month is up, he told me that due to an inheritance, he would like to pay the rest o...
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I see a lot of multifamily listings that have the price set steictly on proforma numbers. I always hear to set your offer price based on actual rent rolls, T-12, current NOI. Cap Rate, etc. However, I come across a lo...
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So I’ve been looking at a lot of apartment buildings for sale lately. What I’ve noticed is that owners, each and every time are asking way too much for their properties. Without fail they are skimping on expenses, o...
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I have a few questions when it comes to calculating taxes on my BRRRR properties I am hoping someone can shed some light on.
1. I want to make sure from my research that I know how to properly arrive at the deprecia...
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I have a property in Stockton, CA that is worth 420k and I owe 260k. It has really solid family renting who do not want to purchase ever, so they will never leave. I can sell this year and not get hit with capital g...
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My family members (late 70's and late 80's) are house rich and cash poor living on social security and trying to make ends meet. Their mortgage will not be paid off in their lifetime with about 25 years left on a 30...
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Hello everyone!
This is my second post. Brand new investor here looking to purchase my first property soon.
Ignoring the fix & flip side of things, and just talking about buying homes and renting them out, is t...