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Hi BP,Although I’ve only started in real estate investing, I’ve been reading books on tax and legal protections. In protecting my investments, I’ve learned the importance of the first and second defense, home owner’s ...
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Sellers of my new home did material damage to hardwood floors prior to title transfer. They are refusing to pay for the $800 of damage to fix the issue. They damaged the floors shortly after the walk-through and didn'...
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Hi, My husband and I have partnered with another person and we have begun to buy rental properties together (we are about to close on one property, and in escrow on another). We own 50% of the properties and our par...
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I am a local investor here in Naples, FL. I own and manage two duplexes and have long term renters in place but I am fascinated at the Airbnb space. I know short term rentals are illegal in Naples, so how is it that y...
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Hello BP ,I recently bought my first rental property and few months down the road facing issues with a nit picky tenant and a substandard PM company whose primary goal is just to appease the tenant (Unfortunately they...
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I spoke with an attorney about setting up an LLC. I was told that I needed to get a property first before setting up an LLC and that it depends on my investment strategy. However, I have heard the exact opposite as I ...
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There's a house around the corner from my parents' house that's been abandoned for several years. I'm interested in buying it, so I looked up the tax assessor's records to see who owns it. The record shows the owner a...
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Looking for a mentor to help guide me through my journey as a new real estate investor. I live in California, but am looking to purchase my first single family rental property in Memphis, TN. I believe I have found a...
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I am closing on our first long term rental. Any tips or rules to have in place is greatly appreciated!
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WOW, were were looking into putting our few units into an LLC to protect our personal assets in case tenants sue, and my accountant just advised me that apart from paying to FORM an LLC, there will also be an 800$ tax...