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Hello, All! First off, thanks for any advice that I can get. I am learning as much as I can but there is so much to all of this. My wife and I have been discussing what we can do to leverage some of our money and di...
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We are in the market to buy and hold and plan to put down 25%.We have a seasonal real estate agent working with us, who is also a friend. Rent in the areas we are interested in is about $1300 – $1550 for a 2 bds/1 ba...
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Being in a relatively expensive market I know how discouraging it can be to try and break into real estate scene, particularly the multifamily space. We're in Portland, Oregon and very few cases can you hit the 1% "ru...
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Hey all! My husband and I are priced out of the Northern Virginia market and want to invest in flips out of state. We have been looking in Baltimore and Chicago.My question for everyone is, how have you built trusting...
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I am doing my taxes myself via turbo tax and I must say I am underwhelmed with the tax breaks I am getting for owning a rental. My wife and I have strong W2 earnings at about 250k combined and it doesn’t appear that a...
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GoalTo achieve passive income of $120k annual within the next 7-10 years and commit to full-time rental property investing. The WhyHave always been drawn to real estate rentals. Before purchasing my first property I...
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When you decided to get into REI what was your why (your drive) to get into the business and succeed? Personally, my why is to past my knowledge on to others, specifically, those less fortunate and unsure of where the...
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I just had a consultation with someone who has the following story. Classic example of a prohibited transaction. Sometimes I hear arguments against “checkbook control” that custodian is there to protect your IRA and p...
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Happy New Year BP community.I just got an email from Zillow rental manager saying that starting in Feb if I have > 1 rental listing I have to pay $9.99 per week for each listing. This is for the Raleigh NC area.An...
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We are considering buying a house, which was listed as-is. The house has a lot of issues and requires a lot of work. Our offer has inspection contingency with void only, given the house was sold as-is. Can we go back ...