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I've owned (2) rental townhomes for 8 years - I've used a property manager and I've never once had any problems. However - - now, this won't just be a 'side' investment, I am out of my lifelong business career - - a...
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ok I am at a point where I have done my research and still learning but I'm ready to get my first deal going and get it under my belt. My credit is not good enough to get a mortgage loan. So I'm left with private ...
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Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...
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I'm curious. I have written extensively about how I "House-Hack" and live in one part of a duplex and have tenants rent out the other portion of that. They pay down the mortgage and allow me to live for free.For every...
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Quick rundown of the scenario: I bought a house outright 1 year ago to fix/flip. At that time I had excellent credit. I paid cash for the house and used credit to pay for the fixing. 1 year later the house is done, bu...
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I am looking for some tips, advice, insight whatever, on a problem that my company is facing. We use the houseflippingspreadsheet to keep track of individual projects, which is great, but does not give any sort of com...
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Afternoon BP Community. Listening to several podcasts and reading many blog articles, there is a constant debate on whether someone should contribute to a 401K or take those contributions and direct them to RE. Unless...
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Hello,
I have a question about forming LLCs to protect my investment properties that I intend to start doing here shortly. Before someone says, you don't "need" an LLC. I know I don't need one, I do prefer one for an...
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Hello everyone, new to RE investing and looking to create a LLC. What's the best way (and economical) to set up LLC? My accountant? Attorney? Can I use Legal Zoom? I got a quote for $695.00 from an out of state acco...
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Hey there Bigger Pockets! Im a rookie investor, living in Souther California, looking to invest out of state. I want to start looking for deals but I'm getting hung up on where to look. For out of state investors, wh...