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Story 1: A perfect timing I could never dream ofCharlie Munger had a famous quote saying "You make most of your money in a bear market, you just don't realize it at the time". When I first read about this quote, I tho...
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Hi guys! I’m 21 & am making 75K + 2-3K(ish) per month in commission. I have about $35K saved up & would ideally like to use maybe 20K on my first investment property. My credit score is something like 730 as w...
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We have a local non-profit coffee shop here in Brewerytown that employs mostly aged out foster youth. It's a block from my house and my partners and I meet there nearly weekly, we meet other investors/bankers/realtors...
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First off, I just want to say a huge THANK YOU to everyone who posts, replies and shares knowledge on BP! This is an incredible resource and you guys are awesome. In my experience, the real estate industry can be ve...
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Hey everyone, I'm so excited to be here. I'm 42 years old married with two young boys (5 and 7 years old.) My wife and I have decided it's time to get off the corporate hamster wheel and take control of our financial ...
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Like the title says I'm just curious to see what you all are investing in other than real estate (if anything) for 2018. I have a few rental properties already, all doing well, but I am about to inherit some money and...
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I have been doing research to set up a corporation. I think that an S-Corporation would be the best setup, but I see that no more than 25 percent of the gross corporate income may by derived from passive income. I als...
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I keep hearing that while you should be cash flowing positively, you should be showing a loss on taxes for your rentals. I've deducted every repair, interest, tax, insurance, depreciation, etc. that I have put into th...
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Hi everyone! My fiancée and I are fresh into the game of real estate, so we are excited to learn from the wonderful BiggerPockets community.
While we reside in northern Virginia, we are looking to invest in Weste...
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I currently have about $115k in my Roth IRA. $60,000 is contributions. If I understand this correctly, I think I could pull out $60,000 for a 10% penalty ($6000). If I pull out the whole thing I think I would get hit ...