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Okay so I used to be pretty smart. Or so I thought. But it's been a while since I've done anything remotely "active" in the property investment world. I have been renting out a few places as a sole proprietor that jus...
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Seeking ADVICE / Property is in Norristown, PAI lent money to somebody (a land trust) for a fix and flip. Unfortunately, I did not do my homework beforehand, otherwise I would have realized there are 4 other investors...
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Hello BP Members,I recently bid on and "won" a property at an auction that occurred this past early March. Prior to bidding, I did my due diligence and felt comfortable bidding (i.e. ensuring it was a 1st mortgage, t...
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If you've been around these forums a while you may remember @Justin Goodin of Next Level Equity. He used to troll these waters for suckers very hard until I found out that his claimed experience and transaction histor...
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The IRS issued more guidance on Wed, Aug 8th on the new Sec. 199A 20% pass-through deduction. But many taxpayers are wondering does this apply to real estate activities as well.The 20% deduction applies to Qualified ...
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ABC Capital review and the problem with Turnkey companiesI've done a detailed write up of my first turnkey experience in Texas with Texas Turnkey Property (link). I've seen a lot of threads asking for people to share ...
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I don't quite understand the american ideal sometimes; now here i go. i'm starting this because it was request, i understand we all come from different places and look at the same situations differently but please no ...
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Our tenants pay rent with cash. Some send money orders, some deposit cash in our account, but a majority used PayNearMe to pay at family dollar locations. Now the Family Dollar in our area will no longer accept PayN...
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I read the following article tonight:
Strategic Default or Efficient Breach?
that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...
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There is so much misinformation on this site it is crazy.Here are the facts; For total profits, cash flow plus equity since 2009 the top 3 locations are San Francisco, San Jose and LA.Since 2000, that is LA, SF and Sa...