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Good afternoon, BP investors. I have a duplex purchased in 2021 that I am thinking of doing cost segregation study on, to capture bonus depreciation for the 2021 tax year.It is a duplex in the Miami, FL area that I b...
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Hey all, I am a financial advisor and also starting out in RE. I want to instead of going to RE alone, I want to leverage my resources, network, and skillsets to help others build their businesses. I'd like to partner...
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On the day of closing, the buyer decided they want to back out of the contract for no substantiated reason. The buyer wants their $50K downpayment back. My attorney is advising that I take $10K out of the $50K down p...
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Hi all! I'm a beginner in the Chicago area and I'm just learning the ropes around REI before purchasing my first rental property. I've seen a lot of properties that have finished basements that could be rented out for...
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Hello all,I'm brand new to BP and thought I'd introduce myself. I started in the REI world with a Scottsdale condo purchase that I rented from 2013-2016. Sold that unit and bought a townhouse this spring which I'm c...
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Hello! I'm trying to research Baltimore neighborhoods for a farm areas for my first flip. Can someone tell me how to determine whether an area is predominantly owner occupied or renter occupied? It seems like the nei...
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Here are some tips for both buyers and sellers during a negotiation:
1. Don't rush to accept counteroffers. Allow the other party to feel some pressure and build tension. This can actually be beneficial during negoti...
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I am a newbie and would like to know if its better to buy a 1.5K home in Bayarea to rent or buy several out of state. If out of state which state and area will you recommend.
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Hey Everyone,I live and work in the San Francisco Bay Area.Houses here are expensive (relative to many other parts of the country) and require significant amounts of capital tied up in a down payment.I was looking to ...
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Besides the rate are there any specific things to think about when choosing a lender or broker for financing a conventional loan?