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I have been reading multiple books on corporate structure I.E. "Incorporate and Grow Rich". I make 100k a year, live off of 40k and would like to invest 60k a year. I understand that I shouldn't hold rental properties...
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Hello all,
I wanted to put my plan on the table for you guys and get some feedback and advice. I have never invested in real estate (let alone owned a home), and have really just been reading and researching for almo...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $305,000
Cash invested: $20,000
This was my very first property I bought after graduating college and within my first year workin...
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Please let me know if I’m seeing clearly Here? (This is for the Bay Area in California)-Home is 330,000$ (paying cash)-Closing cost : Buyer and seller agent fee, Property, title, escrow, misc @7.5 % =24,750$ -rehab co...
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Hi BiggerPocket Members! My name is Thomas Franklin. I have owned Commercial Properties and have rehabbed and sold several homes. My REI Experience began, in 1998. Due to insufficient Asset Protection, I was wiped out...
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hello everyone,I am trying to find the right tune between cost of premium and coverage. It's my first rental property so I am just asking for advice that might sound stupid but I will do it anyway :-)The general quest...
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I'm investigating if I qualify as a RE Professional for the IRS. I'm retired with no W2 income. Primary income is from real estate, investments, pensions and IRA. We currently own 38 units held in LLCs and privatel...
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HI ALL, LOOKING FOR ADVICE ON BEST ROOM COUNT FOR A MID TERM RENTAL IN THE BAY AREA, CALIFORNIA? HOW MANY ROOMS WOULD BE ESSENTIAL FOR A HOME TO HAVE THAT'LL BE RENTED OUT FOR MIDTERM? ANYONE IN THE SAME BOAT ?
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Hello everyone!! I have been doing a lot of research lately of rental properties and mortgaging. I have read and watched videos on the concept of hard money lending. Can someone break down the idea of hard money lendi...
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I am in the process of wrapping all my mortgages and notes on the properties I own into one. The bank is going to give me a 15 year note fixed at 4.75% interest and it will save me about $30/month and 8 years on the ...