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When you purchase a property and immediately rehab before renting out, do you add the cost of the rehab to your basis of the property, or do you take a loss that year? Does it make a difference if you have a bunch of ...
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Hey guys, New to BP. My husband and I have 2 rental properties in the Bay Area and we're looking to expand with a condo in San Diego. We're somewhat familiar with the market, but would love to hear from investors on t...
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My tenants left the property at the end of the lease. 10 days later I received on the door a overdue notice at the name of the tenant but my address that they didn't pay for their water and that it is $300.
I already ...
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I own a rental property that was built in the early 1900s, and am wondering if there is anything to be concerned about. Preferrably I'd like to hold it forever, but I'm unsure if there are any issues that may crop up ...
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Hey gang, I'm looking for some feedback from investors who have gone the live-in flip route. I'm in the market to buy out in the Colorado Springs area, and figure if I'm going to buy, I'd rather buy something I can f...
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Hello guys,
My friend has a house in Chicago. She bought a single-family home with an additional unit in the basement that is not an official/permitted unit.
The house was already rented to Section 8 tenants (both u...
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I'm a new investor looking to acquire 2-4 flats in Chicago's northwest neighborhoods. I'm looking for value add properties in which I can adopt the BRRRR method and try to pull as much of my initial investment out of...
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Hey Everyone !First of all I want to say a HUGE thank you to everyone who has posted on the forums here. The wealth of knowledge I've already gained reading through other topics on the site is a total game changer.ANY...
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Hi Everyone,I decided to join the BP family as a pro after the newbie webinar. I've got to say that I am very excited not just because of the financial possibilities REI can bring me but that I am learning a new knowl...
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Hey all,After a flip from hell, two years and a lot of lessons learned I am considering getting into real estate after relocating.My original investment strategy was to buy a duplex and house hack, but all the units I...