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Hello,My husband and I just bought a single family house in Berkeley CA after looking unsuccessful for multifamily for a long time. In order to turn it from full liability into partial asset, we are planning on build...
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Hi Everyone,I hope everyone is doing well. I have two questions that I am hoping someone could shine some light on. First, I want to start house flipping in CA full-time and I am interested in the best possible way to...
Hi, my Grandma owns a duplex. The renters of 13 years are now moving out and I would like to buy it from her. She doesn't want to sell because she says she will get hit with a capital gains tax.
is this true?
is the...
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I am a aspiring RE investor that just received my RE license. Between operating as a practicing agent and buying investment properties I know I need to form an LLC or incorporate. I have received advice for both strat...
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I have a good problem on my hands. I am about to close on my rehab that took about 6 months from buy closing to sell closing. I also expect to do very well and receive a big, one-time windfall of cash.
I am...
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I'm a software engineer in the Bay Area working in the software tech industry. I do not believe in ever getting a mortgage or taking out loans to buy property. I want to only buy cash-flow properties in all-cash for b...
Hello BPers! This is my first post since becoming a member. I'd first like to thank everyone for being so forthright with your experiences and helpful advice for newer RE investors like myself. My questio...
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Do you use before-tax or after-tax to evaluate a deal? I could see making a case for both. What do the majority of investors use and what to banks look for?
Thanks for your input.
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Hello,I bought my house in April of 21 for 185k. It is now worth 250k in just a few short months. The house down the street from mine is the exact layout and just as nice as mine sold for 250k yesterday. Is there a wa...
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Hi - I'm a new investor outside of chicago and wondering if I should establish an LLC or establish an LLC in a different state. I'm only asking because Illinois charges 4x other states for annual renewal and the init...