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Hey all! My name is Sean and I am new into this investing game. Currently I live in MD with my real estate license. Looking to relocate to Texas once I graduate college. Was thinking about moving to Dallas TX to start...
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Hey BP I have a question in regards to rules for refinance. I know that when you buy a primary residence, you typically have to live there for a year before you can move. Does that same rule apply when doing a refinan...
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Investment Info:
Single-family residence buy & hold investment in Middletown.
Purchase price: $21,500
Cash invested: $90,000
This was a BRRRR investment that went sideways, and although my partne...
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I have a house under contract in Treasure Island, FL that is zoned for nightly STR but has always been used as an annual rental. The majority of the Island is zoned for 90 day min rental which dramatically impacts the...
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Good morning everyone,
I was just searching to see if anyone has any tips to help keep utility costs down. I already had a buddy replace all high light bulbs in a 3 bedroom home and his last 2 electric bills wer...
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Looking to hire a property management company and these are the fees they are proposing below. What do you think about the new tenant placement fees?
Management Fee (paid monthly):8% of collected rent; minimum fee o...
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Before exploring this concept with a qualified legal and tax professional, I wonder if any of the community has anecdotal experience around taking a distribution from a 401K and balancing the earned income taxes with ...
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Looking for advice on a specific tax situation.In 2019 I had to repair some rot in the structure of one of my rentals. They ended up needing to remove and replace 2 of the larger windows. Finishing up my taxes now and...
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I have two partners who I trust to start our own real estate company. The question that comes up is the structuring of the company. From a normal standpoint as single investor/operator I would create LLC's for each as...
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I have had over $12,000 in losses from cancellations where airbnb broke short-term rental contract terms and conditions (strict policy 1 week before check-in, 50% before). The guests should have been offered travel in...