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We are venturing into real estate this year and potentially with a personal investor with 12 figures. If that deal falls through, I will have to find a way to finance my goals. We recently started an aerospace mfg bus...
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Anyone have facts or guidance on this? In one of my rentals I have a law enforcement officer with a working dog (K-9). Originally, my broker stated I HAD to rent to this person because it is a "service animal". The te...
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I have brand new tenants that moved in days before the Illinois quarantine started. They are both working from home but have made a comment about “not needing to pay rent.” I explained that rent is still due and the l...
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I found a duplex in Miami that I really, really like.
There are various code violations on the property. To me they don't look like major violations although I have no experience in this matter.
General...
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I've been hearing some murmurs lately about people using their IRAs as collateral (?) to "borrow" funds to use for down payments / rehab financing for real estate projects. A family member of mine passed away a few ye...
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I recently purchased a SF home with an ADU. One owner used it as an in law suite and another as an office. It is fully functional with a full bathroom and kitchen and over 700 square feet of living space. I've been to...
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I want to make sure I rack up 750 hours doing real estate this year to get my losses counted against my W2 earnings. I have 6 units and it is taking up lots of my time.
The question is what counts ? For example to se...
Over the years, I have purchased SFR property on large lots. These deals have always cash flowed well, but these purchases were also made with the idea of further developing the properties.
One property can easily b...
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Hi folks!First showings today! 4 applicants applied. Looking for some advice on next steps! How do you do it? Is my proposed way good? I was thinking of reviewing all applications and putting in order of most qualifi...
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Can a self storage facility owner/operator qualify as a real estate professional if it is their full time occupation, and meet the 750 hour material participation and greater than 500 hour rental real estate activity ...