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Back in March 2013, BiggerPockets and J Scott collaborated to release two books -- The Book on Flipping Houses and The Book on Estimating Rehab Costs (check them out here if you haven't already). As part of the book ...
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Option - In legal language, a real estate option is an agreement that grants the party owning the option, the optionee, the exclusive, unrestricted, and irrevocable right to purchase property from the party selling th...
Hey guys! This might be an obvious question but I'm 20 years old and im obtaining my real estate liscense in about 2 months. I'll be working with 2 top producers in my area(Southern California)as my mentors and I'm lo...
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Hi everyone!! For those that don't know who I am, I am Karen Margrave. I've been a moderator on BP for several years, having become obsessed with the site in 2010 or so. I was living in Orange County CA and we were b...
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Here's a chart that I saw today from a reliable source. It shows the total debt of households, businesses and the government. There are two things that are quite clear from the chart:
1. Total debt has increased e...
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I know typically Condos are not the most ideal investment as they don't tend to appreciate. However, we are considering them as a potential rental investment. Given the tend to be cheaper, we could pay most of it in c...
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:cry: I have a house that is in foreclosure right now. Screw the banks, why should they have my property when they made their money already. Resently I've been learning how to clear all of my debts including my mortg...
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If you have 50k to buy rental property with, where and what would you purchase?
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And good idea to give them back to tenants. The problem is the city is requiring a depreciation schedule for all components, not just personal property either. These forms are so complicated that an attorney is likely...
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Sometimes life is crazy with how fast things happen!
Literally looked at our first unit in person, been watching the market/mls for alittle while, this one looked interesting and I like the area so we went and looke...