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So, I have read several books and posts on here concerning offsetting income tax with passive loses or depreciation from rental properties, but I am still a little unclear as to how that all works and if I can actuall...
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Hey all you new (and perhaps not so new) investors!!How's 2018 going? For me, it's been pretty darn busy. Just closed our 3rd deal of the year, (got two more in the pipeline) started a commercial project, launching mo...
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If you get a chance, read the 4 Hour Work Week. This will help stream line your life and your business.
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Will building a real estate porfolio of positive cash flowing properties lower my debt to income ratio? And thereby limit my ability to purchase a $1,000,000 2nd home?
I own a primary and 3 positive cash flowing ren...
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I received this email today, and I thought it would spark some spirited discussion...Feel free to comment.@Bill Gulley@Dion DePaoli@Steve Vaughan@Hattie Dizmond`````````````````````````````````````````````````````````...
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Thanks to the great advice I got from the folks on this forum, I now have a great tenant in place for my first rental starting 6/1, and we are putting an offer on a duplex later this week, so exciting! So naturally I'...
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A while back I posted about my First Chicago Wholesale deal here:
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I am a first-time investor currently building my foundational real estate knowledge by consuming as much BP content as I can (books and podcasts!) on top of taking real estate classes in my place of residence, DC. I f...
Hi BPers,I'm in the processing of hiring my cleaner for my first property. Does your house cleaner normally give you an invoice after every clean? Probably for your records, it would make sense to have invoices for al...
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Dear BP community,I welcome your constructive comments and suggestions to my crazy idea above.Here is the background. My apt complex was burned down in a wildfire last year. I've been trying to rebuild it since Jan ...