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I'm trying to better understand how CG works.example:I lend 100K to my LLC. Purchase a home via the LLC for 70K. 30K expenses ( includes rehab, travel, realtor expenses etc). I sell the home for 140K. Payback 105K to ...
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I have lived in my single family house for a little over 2 years. I rented the apartment above the garage out for 1 year. I was thinking of 1031 exchanging 20% of the proceeds from the sale (20% because that is how mu...
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Hello BP members! My husband and I are looking for our 1st buy and hold investment! There is an opportunity in a town about an hour away from us. I'd be interested in your thoughts about this: -Listing price $125k (c...
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Hello everyone,Looking for a GC or remodeling company to help me get my townhome rent ready.Looking to redo the storm door frames, pain shutters, clean sidings, re-surface the wooden stairs, and remodel 1 master bathr...
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Hello. I am new to real estate investing. My wife and I bought a home in Las Vegas 6 years back and the house sold for more than double what we owed. We figured we wanted to invest the capital instead of blowing it on...
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Hello BP,I know everyone here has strong opinions on Zillow. But I know 3 People who bought a house in the last few years, all three of them found their agents on Zillow. I have heard a lot of people, on this forum an...
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I have primarily been involved in mostly cash transactions, as well as a good amount of hard money closings. Can you sell your rehabbed property to buy more distressed property using 1031?I have recently been in a wor...
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Hello all!My name is Mike and have been “lurking” around Bigger Pockets for about a month now. In listening to the podcasts, I figured it was time to stop lurking, and time to jump in and say hello and introduce myse...
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Hi,We are a couple with no kids and single income in the Bay area. We moved here 4 years ago and still renting.We have saved upto 260K in cash and have liquid stocks upto 500k. I was checking for some feedback on area...
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Hey everyone! I am a total newbie at real estate investing. I've purchased 1 house, the house I live in. I have, however, a somewhat close relationship with the landlord I've rented from for the 8 years previous to bu...