I was driving home from a party yesterday afternoon and saw a truck with a big American flag driving on the freeway. I asked my wife what's the occasion? She said September 11. She reminded me that I've been off my W2...
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Hello! Thought I would take some time and start a deal diary on my Third Flip. Flip #1 was a success at 19k profit, flip #2 broke even (depressed about that but I'll get around to writing about it someday), and here w...
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I have a mobile home in a 55+ community in a great location only 8 minutes to the beach.
It is an older mobile but that is only the frame. Being a master carpenter when we purchased the home I completely gutted it to...
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My worst loss was $100,000 trading foreign exchange. I made $100,000 one year then lost $200,000 the next.
My worst real estate deal I lost about $25,000 on. Paid too much, rented to dirt bag tenant for way...
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For those of you that know or follow me you know that I am not a fan of vacation rentals in the state of Florida for a multitude of reasons. I have owned Vacation Rentals and my company managed about 20 and the experi...
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I'm planning on submitting a offer on a nice REO tomorrow..
House is in great condition mechanically and has about 2700 sq/ft of cosmetic only renovations.
Paint, Floors, Kitchen, & Baths..
I've calculated ev...
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Hey all! After listening to the last episode about bonus depreciation, it left me thinking about my home I recently converted form primary to rental. In the episode it was said that bonus depreciation had to be taken ...
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I just finished reading Christine Karpinski's book 'How to Rent Vacation Properties by Owner' . The slant of it was that if you manage yourself and use portals like Airbnb, vrbo, etc. you can break even or even get po...
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I am closing on my 5th house, which is my 7th deal, on October 17th and my plan is to renovation and sell it. I'm buying it from another investor who started writing about it in his BP blog but I won't share those det...
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I have a challenge with my current realtor. My flip property has been on market for 70 days. Since it’s listing it’s drawn 2 site views, over 400 views online. At what point should I consider switching brokers to take...