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Hey Guys, I'm Shawn, A real estate investor from NYC. I began my investing career in the buy and hold arena. The reason why I began with buy and hold was mainly for cash flow. I started 700+ miles away from NY in t...
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Hey All, I'm about a week and a half out on the closing of my 2nd REI purchase in Summerville, SC. Here are the details of the deal:First, I'd like to thank @Jeffrey Stasz for his help with this. We were skeptical of...
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We are newbies to private lending. We gave an 'interest-only' promissory note to our borrower a few years ago. Now our borrower has refinanced through a mortgage company. The title company asked us for a payoff dema...
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I have owned rentals for 4 years now. I never took the depreciation!!! If I go back and amend my tax returns for 2014, 2015, 2016 would that EXPOSE me more to an audit? I stand to get back an additional $2,000 per ye...
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I'm reading the book How to Find Hidden Real Estate Bargains by Robert Irwin and in the first chapter he mentions the possibility of buying a property at 50% off the market value.
I am moving to a very expensive big ...
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Just wondering what % do you hope for and get on letters, postcards or flyers you mail out to a targeted audience say to pre-foreclosure, foreclosure, out of town owners, disgruntled landlords, etc.? Ie how many call...
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Hello, I'm new here but I guess the title says it all. I am 19 years old and I have about $30,000 to invest in real estate. I have no credit history and I'm wondering where to begin. Real estate in my area is fairly r...
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Hello! I am diving headfirst into this deal here, because the house looks stupendous - it's on a big lot, it's CHEAP, it's in my area, and I'm very interested. BUT, it's up for online auction. Now, I'm not sure wha...
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I have a tennant that is scheduled to move out at the end of September. They have been in the house for 16 months and part of their rent has been a $50 monthly charge for 2 pets ($25 each). When they move out, I wil...
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I received a letter from my HOA stating I need to replace my roof.
The paragraph the HOA letter identified is shown below. I know there are some HOA with other hidden language in their docs that can give them additi...