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Okay, so everyone states there's a formula to follow in real estate investing. I've listened to Robert and Ken, but I don't see the actual formula they follow. Who can I follow or read a book that actually states what...
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If I have money sitting at self directed IRA + checking account, can I invest in same property (commercial multi family) using both accounts? How will it work from an llc perspective. If I keep property under an llc, ...
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Hi all; my name is Diane and I'm brand new in the real estate investing business. Thought it would be a good time to get into the business as we in Michigan have one of the highest foreclosure rates in the country. ...
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I just found a 3-unit rental one block away from a college in a Class B/C neighborhood. Asking price: $380kRent: unit 1 $1200 tenant occupied , unit 2 $1200 currently empty, unit 3 $800 tenant occupied. Concerns: Unit...
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Buying my first rental property, a duplex. Gonna live in one of the units. Need some tax tips probably obvious to you but not to me. Also, would I need a separate bank account for the rental income collected? Thanks
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Long story short, I was curious about a housing court case against the owner of the property I am buying, called the attorney, and figured that the property has "many" (according to the attorney) open violations. I al...
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Hi BP,I'm trying to purchase a 4plex with my VA and live in it while I fix the property and get all my processes down. My question is if I make offers that are 20% lower than asking price and my offer gets accepted, a...
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As of today, Decempber 7th, 2020, Fannie Mae and Freddie Mac put out new Resort Condo Guidelines that determines if a condo project will be considered ineligible for their standard financing options. From the rough o...
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Hi guys, so I have a new situation at my duplex property.As stated in the lease, the tenants are responsible for their own gas, electric, and internet and the landlord (which is me) pays the water, sewer and garbage. ...
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I’m a successful commercial broker in SoCal. Been trying to break into RE investing for myself. It’s pretty tough. Just can’t get seem to get out the blocks. Tips, stories, collabs appreciated.