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I have an opportunity to purchase a duplex in a C/D neighborhood -- 8br/6ba total. It's a newer property (2009) with very little maintenance (just some carpet, paint in some rooms, etc.), new HVAC, great roof, etc.Tho...
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Hi, my name is Matthew, I am from Pittsburgh and I am new to both REI and BP. I am primarily interested in long term buy and hold rentals. I have spent the last 6 mos reading/watching everything I can, to try and lear...
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What do you guys think? This is my first go at analyzing a flip. Overall, I like to be on the conservative side. A bit about the house: 2 bed 1 bath, half duplex, 830 sqft. Right now it's listed at 25.9k with ...
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Investing in real estate out of state can be a profitable venture, but it requires careful planning and execution to minimize risks and maximize returns. Here’s a 10-step process to get started with out-of-state real ...
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Hello BP!My days in quarantine go like this: I hop on BP and Zillow and look at properties. I listen to podcasts. I look at a pro-forma but I'm not sure how to do the analysis part. I just feel like I am wasting preci...
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My lender suggested moving a multi-family from my personal name to an LLC immediately post-closing via quit claim deed. Does anyone have experience with this (even better if in Chicago)?
According to the City of Chi...
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Dear BP family, I am finally on my way to start my small business. I have setup an LLC as a C corporation. I have the option of turning it into an S corporation. Year 1, I intend to keep my W2 job while i work to get ...
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Hello all,What have you seen re: water meters. Located in Los Angeles County (Los Feliz, 90027 zip). Property is zoned R2-1XL so pretty sure I can only have two main water meters. Right now the two units I have share ...
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Edit: Unsure if this is best suited in Starting Out, or Investor Psychology...My wife and I are pretty new to this whole thing, and we have a lot to learn. We currently have 1 unit and it's working well for now. As we...
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