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I see the term Expense Ratio tossed around a lot on the forums. This was not a number I have been using in my analyses so I wanted to gain some clarity on exactly what is included in this number. For instance, I bel...
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Hi All! I've been gearing up to start my property search (~6 months out) and I wanted to know how far in advance (or not?) should I consider reaching out to a tax professional to build out an LLC? It's a pretty expens...
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Hi all - I've heard that it's a good idea to create a "binder" of basic documentation (both personal and related to a property) when approaching lenders about purchasing an existing rental property. I would be p...
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I make 50k a year and my wife's makes almost 140k. Besides our primary home we don't have much to write off and we are getting murdered every year with taxes. We were going to get a couple rentals just for the writ...
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Greetings,I am exploring the possibility of getting started in real estate investing. My wife and I really don't have an interest in real estate but looking at the numbers, it seems like something we should pursue. Du...
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I am a very busy medical professional working in emergency medicine. I have been investing heavily in the stock market with good success but have always been intrigued by real estate investing for passive income with ...
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*BP deleted my post earlier today b/c they felt I was promoting something...so I removed all references to our company just to be safe. Here's the edited post.Let me start off by saying that I know there are some rea...
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Hi all,I am new to real estate investing and new on BP. I purchased my first duplex last year, which cashflow $100. So I am currently living rent free with some extra cash in my pocket every month. I just find another...
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I recently set up a self directed IRA through Midatlantic. I was wondering if I use my self directed IRA money to wholesale properties, does that avoid the dreaded dealer status? One of the Midatlantic reps suggeste...
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I am currently preparing to sell off my portfolio of single family homes and assembling an offering memorandum / marketing package. As an investor who might be interested in purchasing a portfolio, what would you exp...