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23 September 2020 | 10 replies
No, debt service is separate from operating expenses.
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30 January 2020 | 14 replies
Money brings emotions, emotions bring tension, and you need to be able to work through that.Feel free to reach out if you want to BS about real estate!
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12 February 2020 | 3 replies
As a first time buyer, it's natural to get emotional about the purchase, no matter how hard you tell yourself not to.
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20 January 2020 | 9 replies
Add separate meters and stop supplying free utilities.
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20 January 2020 | 2 replies
LLC is meant to protect you the LL by separating your personal finances and liabilities from the rental property.
20 January 2020 | 21 replies
Only one apartment can be powering the heater if the utilities are separate.
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19 January 2020 | 1 reply
Honestly, emotions got in the way and we sold.
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19 February 2020 | 10 replies
The downstairs of the house could be one unit probably earning $850 per month and the upstairs could be a separate unit (it has a separate kitchen, bath, 1 bath and living) for $550 per month.
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20 January 2020 | 2 replies
I've been scanning the forums and listened to @Scott Smith on the Bigger Pockets podcast #109 talk about how real estate investors should maintain separate LLCs--one as the operating company, one for their fix and flips, and a separate entity for their buy and holds.