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This is my first time being a landlord and it's safe to say I'm not very good at it (yet). I came across Bigger Pockets a few months ago and am now seriously considering pursuing REI, but realize I need to change how ...
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I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
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Many have argued/claimed here on BP that cash flow on residential properties is of vital importance and investors can not put food on the table with appreciation. I disagree. Once you have built a business with many r...
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So here’s the deal...
We are technically under contract on a property in Texas and a few days before we were to close we got the appraisal back and it came in 8k under the contract price. Now since it’s a fha loan we ...
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When you have a Property LLC owned by a single member Holding LLC, how do you obtain an EIN# for it? Do you apply for the EIN# using your SSN as the member and owner of the Holding LLC or you obtain it by using the H...
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Hi all, I have a handful of STR-specific questions I was hoping I could get some focused replies for. I've read/skimmed through dozens of airbnb threads but there are just SOOO many on this site covering a wealth of t...
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Spreadsheet I am using to analyze my properties(The Spreadsheet is protected so copy paste into your Google drive. If you need explanation on how it works shoot me an email. I didn’t make this sheet as user friendly a...
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My wife and I bought our first house, as our primary residence, and have planned on doing much of the repair ourselves. First order of business has been the bathrooms in the house. Before we even moved in, I had to ...
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I'm getting to the point where i should start to look into what an LLC can do for me. My wife really wants to set one up but I can't think of a scenario where i'd be sued for more than I'm already covered. I honestl...