I apologize in advance for a very long post.
We are first time home buyers in a very competitive market (Seattle). Neither me nor my wife work in the IT industry so we knew our limitations and went in with realistic ...
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Good afternoon BP family. Wanted to share my current situation and gather some advice. BLUF: Do I sell my current property to pay off another so that I can take a massive HELOC out to BRRRR a multi-family home every y...
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Hi BP folks, I am looking for some creative ideas to refinance an SFR I just BRR'd. Here is the back story. I have a fourplex and a duplex that I bought last fall (2016) both are fully occupied. I wanted to try the BR...
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I am 3 month into my first flip. I encounter many issues.
Now, another issue. one of my independent contractor claimed that his workers get robbed at the property during rehab, and asked me paying back their lost whi...
Hi All,I have a condo in Silicon Valley (Sunnyvale) that we converted from a primary residence 2 years ago. The 2-out-of-5 years window for tax purposes is coming up, and we are trying to figure out what to do next.I...
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Hi guys,
I'm getting ready to list for rent for the first time and am curious about your rental application criteria for tenants? This is what I'm thinking. But honestly, it seems like it might be too cumbersome? I'm...
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Hello BP Friends! I'm ready to look at starting an LLC for my properties, but I've heard mixed advice about their necessity and benefits. I would be starting the LLC as a disregarded entity and reporting my profit/los...
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Hello, I just bought my first property investment in Feb 2018 and have been struggling greatly to find a renter. My investment property is about 15 minutes from energy corridor and 10 minutes from City Centre. It's a ...
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...They have installed an above-ground pool!!Not only that, but the pool is built on a wooden platform. Not only that, but they have covered the ENTIRE yard in Astroturf!Not only that, but the gait was OPEN!!I am cert...
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I’m a first time home buyer and looking for some advice. I purchased a condo in December 2020 (in DC) and currently live in my unit. I’m moving to NYC in mid May and will be renting out my DC condo around June 1st. I...