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OK so we bought our 1st rental property... spent about 10 months of hard work and sweat to completely gut it and put it back into great shape on our own. Got our tenant and she had a good background check, a job, pr...
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Hey guys, we often talk about the tax benefits of owning real estate. Do these benefits extend beyond the rental income? Could somebody give me a laymen's overview of how this works?
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Hey BP folks -New investor here looking to close on my first deal. I've sifted through a huge pipeline of deals and have narrowed it down to two. The most promising one is a brick ranch 3bed 1.5 bath...1300 sq ft thro...
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Hi, I am the first time landlord and this is my very first property for LTR. I just listed a new construction single family home for rent, and I signed the lease with one of the application and lease starts from end o...
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Many books that I read have mentioned about making an apartment deal with a 80-20 loan structure. Some of them even suggested the 20% down can be using private money and some could be carried back by the seller. I pok...
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Hi BP. I am an full time employee and hold a real estate license on the side. I have one sfr that I'm holding with plenty of equity but it is under long term lease agreement and I don't want to leverage HELOC as I in...
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Hi guys,
My tenants has been living in the house for over 4 years now wants to upgrade the carpets, install new blinds and repaint a few rooms.
She offered to pay for all of it as there is technically no reason to c...
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Hi folks,
I’m planning to buy a multi family in so cal and ran into an issue with my lender.
I make high 5s a year but am an independent contractor so I write off a lot of what I make to take best advantage of taxes...
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Hi all, I'm sure you've all seen something like this before in the mobile home market. I'm viewing a property tomorrow that has 1 sfh and 6 mobile homes (some park owned) on 13 acres. There Are two wells and two sep...
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Small office/retail center in growing area of N. Georgia - starting to become more of a tourist center. Site located right across the street from tourist train depot depositing upward of 50,000 visitors per year.
Bu...