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Hi everyone.. newbie to bigger pockets so I apologize if this post belongs somewhere else.I have other businesses that provide me a solid income, so I'm interested in using my own money for investing.As I've checked o...
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Hello BP members. This is my first official post to the forums. I turned my residence into a rental property when I had to move from Texas to Alabama. Well, mainly because of a move with the Army. Currently I'm in the...
I recently started my career in multifamily brokerage in southern California and within the brokerage I work for I was assigned the market specialization of 3-4 units. If my goal is to be netting 250K or more after 3 ...
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Hi,I want to start out by saying that I am new at this and while I own one rental I am still a long way out to working on figuring out my next move in this real estate space. The main thing I am trying to do is under...
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Purchasing properties at foreclosure sales can be an opportunity for investors. Some of these properties are offered at a fraction of the market value which is one of the reasons investors are incentivized to buy. Bef...
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How is real estate cash flow/passive income taxed? Is it better to live in a state with income tax (e.g. California) or a state with high property tax (e.g. Texas) to minimize taxes on the passive income/cash flow gen...
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I had a meeting with a loan officer from a small local bank. They do portfolio lending and I was sharing my past projects and my future plans. He calculated my debt coverage ratio for one of deal I'm looking at and he...
Hi Everyone,
I have gotten a lot of great information from this site and am currently looking for a property in Chicago. My wife's parents have several properties and have suggested that we look into buying theirs. ...
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I'm a new investor starting out, so I am trying to do as much research as possible to really know my market well. I'm in Essex County, NJ and looking to invest within the state. What kind of research do you suggest? I...
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Is it better to buy say 1 $500k property or 2 $250k properties? Assuming we can rent them out right away without further investments. Goal is to rent them out or AirBnb them.. Thanks!