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What is your opinion are these large swaths of boarded up homes we see in the mid west upper rust belt ruining these cities or are they an investors dream opportunity to get into the RE game for ridiculously low price...
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This is in Missouri. One of my tenants stopped paying rent in October. He then called me in mid-November and said he had moved back home with his parents, and he would no longer need to rent the unit. His lease run...
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I have been working in the automotive industry as mechanic for the last 12 years. I like what I do and I'm good at it, but it's time to get out. SO long story short I'm getting my real estate license. I'm going to b...
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Hello Bigger Pockets, First Post! Thanks for such a wonderful resource!Question: Is buying a house at retail really that undesirable?I’m speaking in the context of buying a house for long term rental income, not flipp...
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This may be a basic quesstion, but I'm in the beginning stages of researching for my first investment property. For liability purposes, all of my properties will be owed by a corporation that I'll be setting up. ...
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Hello BP family, I reached out to a local realtor, a friend of a co-worker, to see if he could help me find some properties to flip. Although I greatly appreciate his honesty, his response below has really discouraged...
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Hi there BP world,My name is Rafi, and I joined BP a few weeks ago, but it's taken me a while to introduce myself. Basically, I'm an Aussie, living in Israel, interested in US real estate.I sort of got into RE by acci...
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I formed an LLC for our six properties mid way through 2018. My property manager for my one out of state property wants to know if I will be filing my taxes under my name for 2018 (like they’ve been doing for the last...
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Hello All,I am having a really foggy time understanding the process of getting loans for my newly established LLC. There is an offer I want to consider in Memphis, 4 rental properties, asking for $55k down, $120k fina...
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Many people invest in real estate in order to create passive income and eventually become wealthy enough to not have to work a regular job for the rest of their lives.I want to pose a philosophical question. Is there ...