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So Dave Ramsey says that when he interviewed 10,000 millioniares close to none used debt or leverage to get there. So how many of you out there have used leverage, maybe conservatively, to increase you net worth and c...
Dear forum members,
I am new to the forum. Recently I trying to do a normal lease option in the Caribbean real estate market.
I have found a seller who has a property that is not completely finished. There will be ...
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This 1850's era 4-unit popped up on MLS one morning last winter for $80k. It wasn't a foreclosure but could have passed for one - vacant for years, no heating system, everything banged up.Within 2 hours of it being li...
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I bought a house in 2011 and lived in it prior to moving out at the end of 2014. February of 2015 I began renting the house. I am trying to determine my cost basis for depreciation. I know that it will be the lesse...
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Hello,
I am looking to start investing in Cleveland in the next month and trying to determine what areas and neighborhoods to look at. I am looking to rent to section 8 and hope that that will help with some of the n...
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I ran across a company and business model that seems suspicious to me, and I'd like some feedback from the BP community. I'll not mention the company name yet. It's less than one year old, and I found only one menti...
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How do you think COVID-19 will change the average rents in an area? Will it be pushed down or up? By what percent? How would different property classes see the rent change? (Class A vs Class C). What would be the imme...
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I’m in the process of trying to get my first rental property (not sure if I want to do single or multi family) but Im having a little bit of cold feet... what was some of you all experience with your first rental prop...
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Sorry if this has been asked before...maybe I'm not using the correct keywords.I am confused about the mortgage interest tax deduction. I understand that it allows the interest on a mortgage loan to be deducted, but h...
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Hello,
I have been jumping around in the Colorado Springs real estate market, looking at both single-family and multi-family homes to begin my real estate career. However, since I am not married, the military does no...