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how do you calculate how money money you should have in an emergency fund for the property to cover vacancies/repairs? I will give you a scenario. Lets say the home you own and rent out is valued at 125k and was bu...
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Hi -I recently closed on a two unit which are ocupied. The inspection indicated that I need several repairs including the replacement of chimney liner and cap (est. cost/labor $1,000) and gutter guards (est. cost/lab...
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Hello,
I have heard that it is possible to invest into rental real estate with pre tax dollars. From my own research, it seems that the main two scenarios where this can be done is 1. if you own your own business an...
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Wife and I flipped our first property in 2020. Recently purchased a duplex and we will rent both units. What kind of business can I start to take advantage of tax deductions. My wife and I are both W2 employees and ma...
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I am looking to buy my first multi unit property in Bakersfield, ca and am debating between 2 different units and would like some advice on which would be the better option, particularly relating to the neighborhoods....
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I recently got interested in real estate investing, so I've been roaming around bigger pockets. I've noticed that a lot of people talk about FHA 3.5% down payments on multifamily homes living in one side and renting o...
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Good morning everyone, I recently closed on my first rental property and UC on a second. The first property rented out quickly (cash flowing around $275)and I’m hoping to make roughly $250-$300 per month on the second...
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I've heard on the BP Podcast and several other investors mention they have holding LLCs for their rentals, a holding LLC for their flips, and an operating LLC that manages everything. I'm just curious how this works, ...
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I live in Highlands Ranch, Colorado and have two rental properties, one in Highlands Ranch and recently purchased another rental in Castle Rock. I am still actively looking for investment properties in this area, main...
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I got into a discussion about expenses in an earlier post about the 50% rule and as many have said, history tends to run in line with it.So I took that as a rule, and backwards calculated purchase prices using the 50%...