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Below is the current situation and I would like to get perspectives on the best way to protect a new rental property purchase.Current Setup:CA LLC 1 (1 long term rental property)CA LLC 2 (1 long term rental property)C...
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Any agents have experience using deal machine as an agent and not as an investor?
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- Just found out, tenants are eligible to receive interest on their security deposit ( most likely a few bucks, if that lol ) but they can make a whole case out of it - PA law states, must hold security deposit, in es...
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Hi All — I’m an out-of-state investor and own a 12-unit MF in the Cleveland area. My building is not separately metered for water/sewer, so I pay those expenses. Does anyone know how common that is (for the owner to h...
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Ok, so after a recent visit to my CPA for personal taxes, I was asking how I should set up my accounting. I have read a variety of articles on BP and they have been helpful but not exactly specific to my problem. Righ...
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Hello, I am looking for a home in the Orlando area and slightly beyond that can be used as a vacation home, and also a rental. The wish is to have an in law suite, ADU, or portion of the home that can be enclosed and ...
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I understand there are a variety of forums, many of which can address my situation to a certain extent, however, I thought it would make sense to lay out the exact context of my situation.I am getting ready to purchas...
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I've been researching the rules on guest houses, in-laws etc when it comes to building these. Looking at the ordinance for guest houses from the City if Phoenix, (below) #2 seems to say you can't advertise them for r...
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Hey BP Community!My wife and I are getting into the real estate investment world and would love some support and advice from the BP community. We are planning to acquire around 20 units in the next 5 years through sin...
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Are there any RE agents whose long-term goal isn’t to remain an agent and/or own their own brokerage and have been successful operating as a sole proprietor?
If so, what steps did you take to separate your business f...