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Hello- I am new to real estate investing. I am hoping to purchase my first multi-family property by the close of 2018. One thing that seems to be uniform through out all my readings and studying is how important it is...
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Do I need guidance in this category or do I just google “create my own LLC”? Just trying to gauge if there are any particular details I should know about or if it’s pretty straight forward to figure out on my own.
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Is $550,000 price point in Jersey City too expensive to house hack and cash flow eventually when you move out?
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A recent post that I wrote discussed exit strategies on a property that we’re converting from a 2 bd/1 bth to a 5 bd/3 bth. Now, we just purchased another property right down the street. This property also has multipl...
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Hi BPers,I bought a property under an LLC that I formed. I setup a business account where I deposit all the income in there. I also use the account to pay for debt service, tax, insurance. misc expeneses ....I list my...
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I have been told by the trust company that holds my self directed IRA that they require an annual appraisal of my properties' worth. Can be a drive by appraisal or something like that but must be by a 3rd party. Doe...
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I found a deal that looks pretty good to me after looking at dozens. I am hoping some veterans can jump in and tell me if I am missing something or if I am on the right track. In case I am breaking rules I don't want ...
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I am looking to raise around 10K in capital from investors. I will see what I can get from family, but if I end up needing more funds, what are typical terms, conditions, and length with these sort of contracts? Wh...
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Hi All, I've been looking at a number of mixed use commercial properties in the Chicago area by using BP tools as well as my own spreadsheet analysis. I don't have experience with estimating costs for retail units an...
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Investment Info:
Condo buy & hold investment.
Purchase price: $675,000
Cash invested: $168,750
This is a one-bedroom condo at an oceanfront resort in Lahiana. It is a zoned short-term rental and ...