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The other day I met with my accountant to do some year-end planning, especially since this is my 1st year owning investment properties. A few things that I took away from this meeting are listed below, and I was just...
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Hello all. Member of my family are cashing out on an industrial real estate investment that they held more than a decade. We will be under contract as of this week. In order to defer some of the capital gains, we are ...
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We looked at 2 houses today.
The first one:
One was a very small (780 sq ft) 3 bedroom. Build 1940's. The living room was tiny...12 x 11. Then 3 small bedrooms - 12 x 11, 10 x 9 and 10 x 8 and 1 bath. Beautiful new...
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Hi BP, excited to say I made my first offer as an educated real estate investor today on a Freddie Mac REO property. I emphasize the "educated" part b/c I made an offer on an investment property 14 months ago...and t...
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I am new to investing in general, but have been doing a lot of research and am eager to get started in real estate. I live in San Diego. I am mostly interested in buy and hold rental properties and learning that busin...
I'm currently reading the Millionaire Real Estate Agent which prompts the aforementioned question. Which strategy is best? Flipping? Buy and Hold? Wholesaling? Becoming a broker like on Million Dollar Listing? Multifa...
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Hey, I'm looking to start investing in real estate and a little unsure of where to start. I want to do long term buy and hold investing of rental properties so that I can have an additional stream of income at reti...
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Not being real estate, what’s his best move with this money. With his retirement he is comfortable to live but he’s trying to really use this to his advantage. He asked me and I didn’t have a great answer so I’m here....
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Afternoon BP!Bottom line up front: I reached out to a local bank, sent an email inquiring about loan services for REI. Loan officer responded saying that they didn't feel it would be a good fit, and that this is not h...
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Hello!I would like to know if I want to finance a property using a new LLC, are DSCR loans my only choice for financing?Thank you!