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I'm just curious from a general discussion point of view. I understand it's all about the numbers and comparing the would be deals to give a definitve answer, and obviously it makes more sense to go with the option t...
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Did you know that you can rent out your home for up to 14 days per year without having to report the rental income on your tax return? Section 280A(g) of the Internal Revenue Code is also known as the Augusta Rule. It...
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Hi, I'm planning another trip to the USA this year, and will be specifically looking for property to wholesale during my trip.
At this stage I'm not looking to start an LLC until I've completed several deals....
I have been lurking long enough and I guess this is the best place to start. I live in Waxahachie, TX with my wife and three kids and currently work in the energy industry. I have house hacked (did not know that is ...
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I have been asked this question countless times and below are my top 7 reasons why I believe Katy, Texas is a great location for any serious real estate investor.Strong Market Growth: Katy's real estate market has sho...
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So I have a partnership that just turned into an LLC. We paid a lawyer about $1800 to do all of the paperwork and transfer one property's ownership. This felt high but my partner is associated with the firm and felt d...
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Hi,I've seen a number of discussions about staging but am trying to get some input on a reasonable cost to expect. I am considering staging 2 newly renovated condo units in Boston, MA - one is 650 sf and the other is...
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I'm looking at two interesting deals right now. One involves a multi family of around 20 units. The second involves a 32 units apartment complex. On the first one, the current owner has been self managing the units an...
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I put an offer in on a short sale property about two months ago with the intent off flipping the home. I just found out that the bank is not going to allow the short sale and the property will be foreclosed on. Why wo...
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I purchased my first home in a nice Indianapolis neighborhood two years ago for 126,000. It was a HUD home, and I am currently living in it. The comps are anywhere from 175,000 to 200,000 once rehabbed. My current loa...