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29 May 2024 | 3 replies
It had never occurred to me that one could be self-sustaining through one's own resources, mainly because I had never made an effort to understand money management, retirement, or finances in general.An MMM blog post led me to BiggerPockets, a forum where the members, sophisticated investors, referred to their properties as "doors."
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30 May 2024 | 7 replies
I own a couple SFH rentals.
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29 May 2024 | 5 replies
As an owner is it better to a) install mini splits or b) make renter supply their own air conditioner.
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29 May 2024 | 5 replies
You can learn more here: IRA LLCYou are a disqualified party to your retirement account so you cannot transfer any assets you personally own or a company of yours owns into your retirement account.
29 May 2024 | 14 replies
I have 3 VAs that make cold calls for me and I found that because I had started doing my own cold calling I was able to train them and advise them properly on how I wanted them to handle specific scenarios.
29 May 2024 | 8 replies
When you become an agent or loan officer, it's like starting your own business.
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29 May 2024 | 7 replies
If I have 4 properties of my own really I have to convince IRS that I have to put 750 hrs to be considered as RE professional why not something less as every year I spend enough hrs to find tenants/screen them/coordinate with my handyman/cleaners/ HOA to manage all my properties..I am tending to believe that if I show some minimum criteria for hrs in my RE work IRS would be nice to me :)
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29 May 2024 | 64 replies
You are the CEO of your own company.
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30 May 2024 | 6 replies
If your investment fails, it may impact your primary residence because of the money you borrowed against it.My preference is that you increase earnings, reduce expenses, save up, and make each investment stand on its own.
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29 May 2024 | 12 replies
I did my own taxes last year and that is absolutely not an option this year lol.