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Hi BP Community,Here's a random question. I have a TDI Diesel car that VW is buying back for approximately $28K. I am looking for a replacement car. I was thinking it would be nice to use that cash towards another ...
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I am working to get my first deal (hoping for a BRRRR) and I am a little confused by the cap rates my wholesalers are sending me. Can someone kinda break it down for me? Much appreciated!
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Just want to check how you all do with 3x rule where rents are high.
for eg if rent is 2100 3x is 6300. Do you bend a little to take 2.5X?
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Hey!!
So I am a new investor in Toledo, OH. I am just curious about what locals and/or seasoned investor think about it? What title company would you recommend that is "investor" friendly? Any boots on the ground, c...
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When I first visited Indianapolis, I had no idea that it would lead to me acquiring a portfolio of properties there one year later. Similarly, my first trip to Atlanta was for a Atlanta Hawks basketball game to celebr...
I have a rental property in Colorado and have created a Colorado LLC to hold it. However, I bought the property under my own name and have a small mortgage under my name. The mortgage company won't let me tranfer itl...
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I have 3 doors that generate $3,500/month in rent. My goal is to buy a 4 plex this year. My wife has a W2 job that she makes about 63k/ year. I have a W2 that makes about 80k/ year. We owed about $2,200 in taxes last ...
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Hi BiggerPocket,I recently reached out to my lender to ask about using a home equity line of credit as my down payment and reserve funds for purchasing another property and was informed that this is viable however, th...
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Hi,
I live in California and have few properties in Texas, planning to invest in other states as well.
I would like to create an LLC for the properties. Creating one in CA is expensive ($800 franchise tax/year) and h...
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I have a tenant, who seems to have complaints about the rental unit, when rent is due. Maybe its just a coincidence, but there have been several times when we have received calls, normally minor issues, on or around t...