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11 April 2016 | 8 replies
I'm a new member to BiggerPockets. I work in the commercial real estate industry full time and listen to the BiggerPockets podcasts on my commute. That's how I was introduced to the BP website, forum and blog commun...
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29 April 2016 | 10 replies
http://www.trulia.com/property/3226703179-542-Henry-Ave-SE-Grand-Rapids-MI-49503#photo-8Best wishes,Keri (investor from Ypsilanti, MI, looking for flip/rehab properties)
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9 September 2016 | 4 replies
https://www.irs.gov/businesses/small-businesses-se...It is a bit tough reading, but the summary is, to be a RE professional you have to spend more time in RE business than other businesses or work (majority of your time) and have more than 750 hours a year in RE.
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22 October 2017 | 5 replies
They can handle renters policies and deal with properties all over the SE coast.
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3 November 2013 | 14 replies
Hi @Brandon French , welcome to BP.This site is full of great info and people and there is a fairly large group of investors from SE Michigan on here.
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18 December 2014 | 4 replies
Since the class has started a few of her students have even came on into our office and joined us touring houses for some homes on the market in SE Portland.
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28 July 2021 | 171 replies
Because we want you to make the promised paper return and we want you to buy more and refer us to others.I don't see this happening when you buy a property through Roofstock.3rd party property managers are known to nickel and dime so they can survive (It's a thank less industry and the 10% from the monthly collected rent is chump change really).And the sellers off loading the product through a "sales channel" per se.
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13 January 2024 | 55 replies
I was thinking about creating an s-corp to avoid some of the SE taxes on the flips.
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16 December 2015 | 0 replies
This could be structured into the deal, as it would definitely put "skin into the game".While it really wouldn't help to sell the shop per se, as it doesn't add value to the detriment of the area and lack of foot traffic, it is a better and efficient system than the radiated heat.Any thoughts, even anything outside of what I said, is GREATLY appreciated!
22 July 2019 | 2 replies
@Farren Perera I have a rental in NJ ($5500/yr tax on a property purchased from $55k) and one in Florida ($900/yr tax on a property purchased for $90k) and they cashflow nearly identically.Rental rates are much higher in NJ, which offset the taxes, so you have to factor in all of the numbers to se what makes sense.