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I live in Simi Valley - about 40 minutes NW of Los Angeles, so real estate isn't cheap around here.I'm a new member, and have listened to about half the podcasts. Fantastic info for sure. However most of the time, t...
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One of the biggest arguments I see around cost segregation studies is the issue of depreciation recapture upon the sale of the property. Do the benefits of the cost segregation study outweigh the cost of recapture? As...
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Sorry if this question has been asked before, but I’m s little confused. Hopefully you all can help. If I use Hard money to purchase and rehab the property, considering the HML gave me 70% ARV, how will I get any cash...
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I dont really understand equity, especially on the buy/hold strategies. It seems like equity is subjective and speculative.For example, reading some of the BRRR threads. People talk about Cash out refinancing for 70-8...
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Any advice on setting up an LLC for our RE investments? Do we need to speak to a corporate lawyer or can we go the simple route of LegalZoom? Need to get it it done quickly for a hard money loan.
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I haven't seen a lot of discussion about this topic which surprises me since I feel like personal finance people talk about HSAs all the time! A couple months ago there was a guest on the BP money pod that said someth...
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I'm thinking about hiring an Account Manager to do my Bookkeeping. What should i pay for setup and monthly rate?
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I am new REI but I went and looked a property this past weekend. I want to make an offer but I'm not sure how low is to low to start out with. It is a 1 bed 1 bath apartment. It is in a good area and I know that th...
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If there was a "FIRE" forum I'd put this question there....My mid-term goal is to diversify my income, not be as reliant on my current W2 (~110K / year), and set me up to be very flexible in what I do in the future. I...
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Once you start managing more residents, but aren't quite ready to jump into a full on property management company, what do you suggest for a great maintenance request system? Fielding emails and texts are fine, but t...