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How does earnest money deposits works? As I was reading, I saw that when dealing with new buyers many wholesalers had made the buyers pay an earnest money deposit. Is this a recommended practice? Why? How much do I as...
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So I've contemplating for years now whether to roll extra cash that I use to fund my TSP (military 401k) into mortgage payment and pay it off faster. So far I've been maxing out TSP as I understand its tax advantages,...
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Hello, I am a new investor starting with tax deeds. I was curious how a property goes from owned by a person, to going up for a lien, to going to a tax deed sale and if i buy at a tax deed sale does the person with th...
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Hey All,Looking for opinions here. I purchased a duplex a few months back. In one unit I inherited two adults with three small children all under 3 yrs old. They are fine with payments, but the lease agreement that wa...
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Hi all, I'm in a bind and it's causing me nightmares, not really sure how to proceed from here. Any guidance would be much appreciated. I'll try to keep it as short as possible.Bought an owner finance deal from an age...
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Hi BP'ersHas anyone ever come across restrictions on short term rentals on a deed? I was getting ready to sign a contract (in Sullivan County, upstate NY) when my lawyer informed me that it had this restriction. This ...
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Hey all! I'm trying to learn about real estate and have a pretty basic question:What are the differences in returns of privately owning a home and renting vs. investing the money in a real estate syndication. Are thes...
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I often talk with people in the Real Estate Business. I have found that if a person is versatile in his profession there is never a down time for him; remember the buzz word is VERSATILE.
By learning everything yo...
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I have just about finished my real estate investing plan. Last i checked we all could use some help in development. So whats a good way to really proof read (have help proofing) this plan of mine to find out "holes" o...
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Hey BP Nation! I'm writing the world's best post on 1031 Exchanges. Maybe I'll put it in my next book. But here's the problem: I need you. You see, I need some good stories to go with the post. So, if you've done a 10...