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Trying to get into real estate (buy and hold) in our local Bergen County (northern NJ/metro NY) market. Had a short sale under contract but it just fell through. (Made offer in August, right after seller dropped ask...
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Hello all,I'm new to BiggerPockets and have been dabbling in real estate investing for about 10 years now. I was in the military so I was not able to commit a whole lot of time into it; however, in the past 10 years,...
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Hello everyone, I have a primary residence that I owe $143K on with 30 year fixed @ 4.25%. I have about 23 more years on the loan. My payment is $1100/month and rents in the area are $1700-1900 typically in my neigh...
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Hello Bigger Pockets! I have been listening to the podcasts for a while, this is my first post. I am a project manager currently working for a commercial General Contracting company and have a small contracting gig o...
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I want to lend my friend >$50k so he can buy a property and flip it. All risks aside, what are the tax implications to consider? Interest income will be taxed but how about the initial tansfer of money or when my f...
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I'm new to BP in terms of posting, but not in terms of reading/podcasting. I currently am an owner of two duplexes in Buffalo; one I live in and rent out half (owned 2.5 years) and the other I formed a partnership (LL...
Has anyone had any experience with buying property with renters that need to be evicted? I'm look at going under contract on a fourplex that is 100% occupied. Two of the renters have back rent. I was wondering how t...
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Hello everybody!I'm new to real estate investing, but it is something that has always intrigued me. Until recently, I never really sat down and seriously committed myself to it, but now I'm all in, dedicated to learni...
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Any one here covers there properties with earthquake insurance? Will any one consider getting one in the coming year?
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I'm pretty much a newbie at this, and so just playing around with numbers as an exercise. Here's how I approached it:Searching on CL and Zillow got me to this SFH in the Hampden neighborhood of Baltimore (hipster/very...