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Has anyone had any experience using a friend as a QI rather than one of the professional QI companies. In a standard delayed exchange, it doesn't seem too hard, and I know John T. Reed suggests not wasting money with...
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Hello everyone!! We just closed on our 5th investment property and our first long term rental. The 4/5 are short term student rentals located in Flint, Michigan. Currently we don't have loans tied to any of the proper...
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Hi There, Can anyone recommend some good background reading/books on how to invest in foreclosures? I am pretty convinced we are going to see a massive wave of foreclosures start to hit the market over the next 6-24 m...
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Im Investing in Florida and currently have three properties and i am now running into problems with my debt to income ratio with my lender. I am considering using Lending One and was wondering if anybody has any exper...
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Hi,Bottom Line upfront: I am looking for a solution or advice on how to keep our paid-off house and rent it, but not be house poor by building/buying another house because we did not sell this house.My situation: My f...
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Evening everyone,I was doing some research and it seems like short-sales might be a good avenue to pursue in order to get homes at a discounted rate. I did have some questions though about the process and post-purchas...
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Because I cannot take advantage of active deductions related to my real estate rentals, I am wondering if I can pay myself as the "administrator" or property manager of these properties? The IRS believes you can't ac...
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Hi Everyone,
My name is Ben Johnstone and I live in LA. I moved here from London 4 years ago. My acting career has been going well but work comes and goes. I've always wanted to fill my downtime with real est...
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I am in the process of upscaling my business. I have worked as my own property manager for a bit now and I officially have my 'system' in place. So now I want to 10x this business. This is where using other peoples mo...
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I am 30 years old and I have always put 5% towards my 401(k) (my employer matches 25 cents on the dollar) and both my wife and I max out our Roth IRAs each year ($5,500 each).One of my big goals is to retire early and...