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Hey guys - I work full time and I'm looking at buying my first rental, holding it within an LLC.I know investment property mortgage interest can be a deduction against my personal income (even if the property isn't ca...
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HI BP Community,How difference is analyzing Duplexes or even Triplexes from SFH? In my mind, maintenance and capex may be higher given the size of the building and the possible higher turnover, hence these two assumpt...
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Hi everyone,I am in the middle of running numbers for a few properties and I want to make sure I don’t get blindsided after the fact. So here are the numbers I have looked at so far. Also, any advice from anyone, I wo...
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Hi, I am actively looking and putting offers for my first rental property, I just saw a townhome that I like from the 70's that needs some rehab, and a few blocks from it there is new development offering same type of...
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Hi, I have a question about starting out as a multi-family investor in a stabilizing market... I was wondering if it's a bad idea. Naturally, it seems like the best deals are to be found in a down market, so I'm n...
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Hey BP! Thanks to BP and numerous books I finally felt confident enough to take the plunge and buy a triplex. Here is the post for context: https://www.biggerpockets.com/forums/850/topics/853758-san-diego-va-house-hac...
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In the Bigger Pockets calculator, "Repairs and Maintenance" are represented as a % of gross monthly income. The suggested range is 5-15% of monthly income. My question: Shouldn't "Repairs and Maintenance" be calculate...
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Hello all! I live in LA, and have a rental here as well. It has become too expensive to invest in another rental at this point. Looking for recommendations on states I can look into for a potential new investment. Lon...
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So I've heard a few investors on the podcast spit their numbers after a BRRRR and all of them said they cashflow. But using the 50% rule of thumb as a conservative start to estimate capex/vacancy/repairs, they did not...
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Would it make sense to partner on a house hack in this way: I live in California, and I'd like to move back up to the San Francisco Bay Area for career growth and networking. I currently moved back home to Los Angeles...