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So I recently purchased my first investor property (single family home) which was really exciting, we got it rented quickly and the numbers are all where we want. When we had been talking to the bank originally they m...
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Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...
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Tenant lives in a 2bed/1bath apartment. She was given two weeks to clean the place. She removed a lot of stuff, but this is the end result.She is very nice, pays like clockwork, communicates well, and never fusses. Wo...
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I am working with an accountant as I prepare returns for the first year of owning real estate. I read Brandon Hall’s article from a while back talking about the tax myth’s for real estate investing. One was the follow...
Our primary home is paid off after 2 years of pouring every penny we could into it. The market value is about $300k. We bought it as fixer upper for $188k, renovated and now plan to lease it out. We (my husband and i)...
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What's up BP been a while. I purchased a triplex OOS in November . Two of my inherited tenants always pay on time or within a few day . Now the 3rd cost me a bunch of money by leaving with no notice and trashing the p...
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Hi there! I’m a beginning investor and am trying to wrap my head around the tax benefits involved with real estate. My main question is regarding depreciation. My husband and I are high wage earners, so from what I...
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Hello BP, I'm looking to build my network and connect with other investors in the Riverside and San Bernardino County area. A little bit about myself: I'm a newer investor, bought my first rental in Feb 2022 in the Lo...
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Hi, I'm new to the real estate investing world and I wanted to give it a test run with house hacking. So just want some advice or tips, just anything at all you can tell me from a personal standpoint about house hacki...
Has anyone else noticed that the share price on EXPI has quadrupled over the last month? Seems like eXp Realty is going to become a major player in the space on par with KW and the like. Just curious if anyone is inve...