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24 December 2015 | 11 replies
@David Tipton you are absolutely correct on the single member LLC. vis a vi the corp veil.. one reason to have proper G L insurance.. on my 27 homes subdivision I am building in Portland right now.... it cost me 40k for 1 million in coverage for the 10 year warrenty period. and we bought that basically only for cost of defense.I am just about out of the land lording game.. and can only go on my 30 plus years of owning the dog gone things.. and I have never been sued by a tenant.
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25 December 2015 | 2 replies
The heater is already installed, just not properly.
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29 December 2015 | 5 replies
Also check with local laws to make sure you are following properly to legally wholesale.
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3 January 2016 | 23 replies
Local properties have land but solely for farming purposes...so getting a proper gauge for pricing will be a bit difficult.
26 December 2015 | 2 replies
I would encourage you to read through the forums and download some of the free e-books they have on the home page.
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26 December 2015 | 9 replies
I can understand it being too hot in your unit as boiler heat systems are notorious for having imbalanced heating when they are not properly operated.
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13 January 2016 | 13 replies
To fill in the gaps and gain the confidence I need to properly evaluate a deal and then pull the trigger.
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22 April 2018 | 21 replies
E as it pays better than what it actually costs me for gas & oil.This was more acceptable than the high mileage I logged one year that generated a letter from the IRS & a denial until I resubmitted with logs against each property etc etc.
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2 June 2016 | 31 replies
Demographics: 3 big neighborhoods surround with 20k+ vehicles passing by on 4-lane daily. 1151 N Loop 336 E Conroe, Tx 77304
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26 December 2015 | 7 replies
Congrats and good advice above Jorge, and as a brand new landlord, take a look at IRS form schedule e for some basics categories of deductions....I often tell people if you do your own taxes and have itemized and handled some more complicated worksheets, deductions, and credits, then you may be able to go diy on taxes for a couple of rentals with some good resources..but if you have not done taxes or just simple 1040 ez stuff, I would use a cpa with some real estate background in helping small, residential landlords..best of luck