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Hi everyone! I'm Sabrina from San Diego and am completely new to Real Estate. My original plan was to own a single family home, work to pay it off, and then...retire I guess. This year, I finished paying off my massiv...
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I was at a sherrifs sale in november and saw a property with a sale price of 360k in 2005 (8 plex) which the bank was forclosing on. The upset price was 166k and no one bid. The bank got it for a dollar. This past Mon...
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Could someone please lay out to me in very easy English how to get a property under contract? Here's my situation: I am talking to a homeowner that is interested in a cash offer of 70%. I have other forums posts searc...
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Hi all! Rookie investor here trying to explore new avenues of wealth generation for myself and my young family. A little about me, I work in NYC and live in Long island. I have a 401K that I max out and am close to pa...
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My accountant is worried about my home being sold some day, and the rule about 2 out of the last 5 years rule?
I'm looking for some help with the IRS rule 262 Or Publication 523.
I've owned my principal residence ...
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I closed on my first pure rental property, a two-family home, back in June and unexpectedly had both tenants move out by the end of July. So with some remodeling to do and needing new tenants I decided to hire a prope...
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Just wondering what everyone’s thoughts are on house hacking. I have a few friends that tried it out and it worked really well for them. If someone was to do this should they shoot for a duplex or Quadplex? Is it wort...
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Hello BP,I have been a member and participant here for a little over a year. I find this site to be so complete and informative that I use it exclusively for my education, inspiration, networking and idea creation.I d...
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I live in MD and am focusing on properties in both MD and NC. I've owned one rental for a few years now and want to expand. I have contacted several lawyers in an attempt to set up my LLC; however, can't get any to ...
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Hello,My husband and I are first-time investors and are considering buying a STR property in Three Rivers, CA, near Sequoia and Kings Canyon National Parks. I searched on the forums, but any post I found about that ar...