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I havent been on in a while, I've been working hard at lining up the right things and the right partners. I've yet to do my first deal but its for many reasons that are not part of fear. One main reason I traveled a l...
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Hi, Do people usually pay closing costs out of pocket or is it typically wrapped into the loan? I'm looking to obtain an FHA loan for my first owner-occupied duplex. Also, I've heard FHA requires PMI. Is .5%-1% of the...
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My question is about depreciating capital expenses.I understand that I depreciate the building over 27.5 years. I have also been told that capital expenses must be depreciated rather than claimed as expenses. But ho...
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I inherited some rental properties in Fl and also own some of my own. All of the properties that I inherited never had insurance and were in my fathers name. Some of my properties were insured and after hurricane Ir...
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I have been investing in realesate since 2011. Here is a quick run down on my current situation. My father has been my 50/50 partner since day one. We buy severly distressed properties, do all the work ourselves, and ...
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So first 4 family property owner here. I purchased last month and just got my first electric and gas bill. Let's just say wallet shock doesnt cover it. To break down the tldr, apparently I used 23.59 in gas last month...
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Good evening BP fam. I hope your day is going well. My name is Don Carey. I’ve spent the last 10 years playing in the NFL. During that time I have acquired some real estate here and there. We currently live in the Ham...
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My leasing agent thinks the applicant is fine and I’m a little hesitant so would greatly appreciate any thoughts.The property is a nice 3 bed / 2 bath built in the 2000’s in what is probably a B location around Atlant...
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Hello my name is Ray, I work for a fire department in Southern California but would like to start investing in real estate. I am very interested in the Spokane Washington area. Is this a good area to invest for a new...
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Hey everyone, I'm new to the site and getting serious about making my first move in real estate soon. I've done the saving and am ready to make move soon. I know a lot of people say it's best to invest in your backyar...