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If you are investing in buy/hold/rent SFHs, could you rent a house to yourself that is held in the name of your llc? That way, repairs could be written off. Seems shady and unlikely, but I was just wondering how the l...
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Hello everyone!First of all, let me tell you I am glad to join this community and I am coming here very humble and with an open mind. I bring a set of skills as well which I will later discuss so that I can also be us...
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"Graduating seniors who just finished their degrees on average carry debts of $19,000 or more. On the other hand, medical graduate students carry debts in the range $19,000 - $105,000 (Source: Department of Education)...
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I am still in college (I have about 1.5 years left), but I have saved enough money for a down payment in a more inexpensive market like Wichita or Indianapolis but I'm not sure if I should hold off until I graduate. I...
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I purchased a foreclosed Duplex more than a year ago for 120K. I occupy one portion as a Primary residence (55%), and other is rented out (45%). During purchase, I approached a handful of lenders for financing but eve...
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Hi there,I am freshly new to biggerpockets and very interested in exploring the opportunities of real estate investing. However, there is a major "roadblock" in my near future as a pre-medical / medical student: the m...
I have been approached by 2 people, whom I know very well, about partnering in their local rental real estate business. They have grown this over the past 15 years and have approximately 50 houses (single family 3/2 p...
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Hello Everyone. Quick introduction, my name is Fong Lee as of now I am 24 years old. I am new to Real Estate Investing. I live in Saint Paul, Mn area. I have not done any deals yet but I do see potential in ownership ...
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Hey Guys and Gals,
This is not your typical post on BP but, since y'all are going to be similar to me and looking at things from a financial sense I would like to hear your opinions. And a lot of you have exp...
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So I have 6 months of expenses set aside in reserves. Is this an acceptable amount to then increase my cashflow a bit and decrease the amount going into reserves? When below 6 months reserves, I do 10% maintenance, 8-...