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I'm new to investing in multi family units and plan to make my first purchase in a few months. I know the Schedule E is what a landlord should be filing come tax season, and I know my lender will want to see the Sched...
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Hi all - Thought I'd share some of the "red flags" or warning signs I consider when accepting bookings at our vacation / short term rentals. If several or most of these are present, I won't hesitate to deny or cancel...
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I just attended a 1 1/2 hour spiel at the local library from this loan modification company called Home Loan Preservation(HLP). Having just heard Obama's "plan" I was curious to hear what they had to say. Anyone kno...
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Hi,
My husband and I are trying to rent out our first property and we came across a potential tenant who would like to pay deposit over the first two months - first half along with first months rent prior to ...
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Hi there, I was contacted by a hard money lender via LinkedIn shortly after my first post on BP forums. I thought this to be strange someone would randomly reach out and ask if I need funding, however given the networ...
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Looking for anyone who has a duplex that is mix of STR & LTR and claim material participation for the STR side for the "STR loophole" to offset active W2 income? I recently had an email exchange with my CPA regard...
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I've never been involved with a wholesaler or "daisy chain" so not sure if I'm being overly cautious or overly optimistic....I need a little help....
Here's my question- What can I do to confirm a wholesale deal is ...
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Hi guys,
I need your advice please. I am trying to rent out one of my rentals and it is $500 per month , 1b/1bath house.
I have a couple of tenants who I run a credit report on and here is what Ive found:
1) A Mil...
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Hi All,I'm a real estate newbie (for now), but thinking of interviewing various property managers in investment markets of interest to start building the teams in preparation for that first deal..I'm sure there is a ...
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I'm considering renting a spot to an applicant with very poor credit. To offset the risk of the tenant potentially not paying rent I am considering a deposit that is more than 2X their monthly rent and only offering a...