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Hello everyone!I wanted to take the time to introduce myself to this wonderful community. My name is Jay and I am currently finishing up my undergrad career in New York City at CUNY Queens College. I was en route to L...
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How does everyone pay yourself.. Do you pay yourself a "salary" or do you just take whatever is left after expenses and taxes as "profit" and thats yours to pay your bills and live your life? Also as an LLC or LLC "s-...
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Hi! I've been an avid fan of BP for the last few months and I can't wait to really get involved and find my first deal. Before that, however, I'd like to save up some money and find a career in real estate to better u...
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Hello! I live in a suburb of Indy with my wife and 3 teenage kids. We just jumped in the game in April when we bought our first STR in Sevierville, TN. Went big (5BR) and spent more than we wanted but so far so good (...
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Labor: 180-hours (15hrs/wk, $80K median household income) = ($7,200)
Labor includes reading BP(education), looking at properties, going to REI association meeting’s, talking to banks, agents, internet research(home...
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I am currently a teacher at a public school in the Bay Area. After listening to many episodes of the Biggerpockets podcasts, I have been very interested in pursuing real estate investing along side continuing to teac...
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I am a newbie to real estate and I want to get started this year. I want to try house hacking and using an FHA loan. I want to invest in Long Island, NY, but the prices are so high with most houses above $200,000.
I ...
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I'm just days away from closing on a duplex . The rental portion of the duplex will cover my mortgage and upkeep.When I quit my current job I want focus on my small business and also supplement my income by cashing ou...
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i was told by a mortgage banker that i have to have 2 years work history to qualify for a loan. is ther anyway around that so i can invest sooner?
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Hello BP! Two questions: can you 1031 a house that you have flipped into your next flip?and also what business structure is best for someone who plans to do a few flips to build capital for B/H MFR properties?I know L...