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Recent purchaser of a duplex I will be owner occupying. I plan on doing a lot of renovations as well. Should I set up a separate bank account for rent collection and renovation expenses? Is this typical? Thanks!!!
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Is interest rate cap payment received by the borrower considered income?
Is the following statement true:
Under Generally Accepted Accounting Principles (GAAP), interest cap premium payments received by the borrow...
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Hi, I am putting together a multi-family deal. I am planning to have part or all of the down payment provided by a private investor, which I will pay interest to, and refinance after a few years, once I add va...
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I have received messages in the past from insurance companies trying to place their clients on medium-term rentals and a colleague has recently taken on such a tenant.I wonder if insurance companies have departments t...
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Good Evening All,
I am a new Real Estate Investor who is very interested in getting my feet wet by purchasing a Quadplex. The property is currently fully occupied with tenants, and the numbers I have ran look to be f...
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Hello BiggerPockets world,I want to get some of your opinions about which is more effective when sending direct mail. Do you receive more responses when sending letters in envelopes or sending flyers? I've purchased a...
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I am a new real estate investor and can see the benefit to both paying down a property quicker using the rental’s cash flow (ex. paying down in 15 years than the typical 25 year amortization) which opens the door to u...
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Hi everybody!I am thinking of buying a rental in Maricopa county.Trying to figure out how rents will be taxed? Rent is 1K per month, so 12K per year. Property taxes are 2K/ yearHow am I gonna be taxed on the rents tha...
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Hi all,
What is the best payment method for you to receive your rent payments other than Zelle/Venmo etc ? I don't want to use Zelle/Venmo in the future.
There is Story by Chase but i believe it is only for multi f...
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Looking for some advice on how others have structured a 3-way partnership. Partner 1 brings in deals and manages the business Partner 2 brings repair and renovation skills Partner 3 lives out of the area and brings ca...