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Hi all, as I've been getting more into real estate investing, it's become quite clear that the US tax code favors business owners and real estate investors rather than W2 employees or self-employed business owners. On...
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Im pretty blind sided by this.3 unit under contract at 140k, scheduled to close beginning of September. Inspection went well, bank has committed to funding it, title company is ready and good to go. Insurance in place...
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So I just saw this post about Section 8 HUD tenants, and this post stated something along the lines of section 8 tenants being more likely to damage properties because they're section 8 low income tenants, and also so...
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I live out of state and she has been managing my 3 investments for several years. Even when they are fully rented, I rarely show any positive cash flow, rather I just stay afloat after mortgages are paid! I feel like ...
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First and foremost, I hope everyone who was in the path of Hurricane Harvey is safe. My brother is currently buckled down and waiting out the storm in downtown Houston.
Once the storm (or any other natural disaster)...
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Well guys..what can I say. The fun never ends. Day one with a new tenant in my duplex, and the tenant next door text me that her unit smells like weed. I lived next door to my tenant for over a year and she doesn’t sm...
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My dream when I went off to college was to live for free, and achieve the American Dream of owning my own home. In 2007, I bought my first house in Tucson, AZ. I rented out three of the rooms and at 18 years old I was...
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Hello all! I was just thinking before I go to a new small bank and inquire about financing and opening new accounts, how important are the clothes I wear? Let me tell you about my everyday work attire, I’m blue collar...
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I've have guys doing rehab work without a contract, and I pay them with checks out of a business account. They're licensed, but this is "side-work" for them. They do good work and don't charge a lot, so I thought ever...
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This discussion was cropping up in another thread about a different topic, and I wanted to hear more feedback from other members about what they prefer. As a primer, I am going quote @Rich Weese contributed as I find ...