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Hello BP Community,I've just started out in the Real Estate game and though I have no properties yet, I'm trying to learn all I can about real estate investing. I read as many blog posts as I can on BP, I listen to th...
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If someone buys a house in poor condition and fixes it up for a rental and does all the work themselves...come take season does one depreciate on taxes the original cost of the house and the cost of materials? Or can ...
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Hi community, As you can see from my profile picture I'm a baby when it comes to real estate, I've bought and sold a few houses in the last 10 years but nothing significant to even go into any details. I'm very inter...
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Hi BP!
I'm analyzing potential deals for my first flip, and I found a single-family on zillow about 60 miles from me. They are asking 275k, I estimate the ARV to be about 370k. In the pictures everything looks fine i...
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The question of "What do I pay for a troubled property?” is a hard one to answer unless you know the process. The process I use is backing into the value.
Here’s how you can do it:
First, put all the financials y...
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The ball is rolling on our first Fix and Flip. We have a signed agreement and the inspection is tomorrow. I have been through inspections before but as a home owner to live in. I want to be sure I am participating wit...
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found this one on-linewe have seen them in the past on foreclosures that were supposedly winterized but instead we found cracked toilet tanks & bowls. But this one is a classic.
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I really want to buy a duplex in my local market (South Florida), but think that might be a little out of my price range for my first property. I have been previously pre-approved for $185k and have paid over $20k in ...
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Would there be interest for an on-line meet-up for contact Canadians (US counter-parts can join in, with the focus of the discuss to be Canadian content)? I could hold them on-line (and they would be free). This would...
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My wife and I recently purchased a second home with more space for our growing family and we decided to keep our first house as a rental. When we first bought it several years ago we threw around the idea of renting i...