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Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
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and Property Managers in general,Just about no one on Bigger Pockets is as big a defender of Property Managers as I am. While some folks are great DYI people and can manage their own properties well, I am a firm beli...
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Hey Guys! I'm just dipping my toes into the waters of Real Estate Investing and I'm interested in buy and hold rental property. However, the more I look and analyze deals in my area, I'm seeing that there aren't any d...
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Hello all! This is going to be a rather long post, but I am very perplexed on what I should do with my very current/upcoming situation.Long Story Short, for all intensive purposes I am about 100K in debt6k left on car...
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The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
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I've owned (2) rental townhomes for 8 years - I've used a property manager and I've never once had any problems. However - - now, this won't just be a 'side' investment, I am out of my lifelong business career - - a...
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I want to begin underwriting commercial properties and have a good prospect in a 8-unit. The only information I have is limited MLS and county information. I would like to ask the seller for some more information. Wha...
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I am the trustee of my father's trust. He has $2 million available and I need it to make close to $20k per month to cover his monthly expenses. This must be fairly passive. My idea I am toying with is to invest in $2 ...
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It seems these tenants feel a sense of entitlement for not paying the rent. They think life problems they have created with their own choices should be solved by a landlord's pocket book.Economics and running a busine...
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hello everyone,I am just starting out in Austin, Tx and I have been running the numbers on all the properties I can find here in Austin for the past couple of months. I am searching for a multiplex to house hack howev...