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I am closing this week on my first property, which I will use for short term rentals in Palm Springs. I have done pretty extensive research on what to expect with city regulations and have used a lot of online tools t...
Hi Forum,I am New to the BP Family and I see that everyone on this site appears to be very friendly and willing to share information, unlike a lot of others I've been a part of. Being that I am new and I have read a l...
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Hello from Chicago, New to real-estate and potentially interested in starting with multi-unit properties here in Chicago. I been doing some light searching around and found some pretty impressive numbers with relati...
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When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
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There are hundreds of topics on this forum regarding tax strategy for LLC. When I talked to my CPA, they explained if I will classify my company with IRS as S Corp, then I will be avoiding paying self-employment t...
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Who in Canada can lend the most mortgages or doors ? RBC does up to 7 residential mortgages.National used to do 16 but they are out of the game now
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Hi all! I'm just getting into REI and I'm looking to get my ducks in a row before just diving in. In doing my research, I've come across some potential snags that I wanted to get your advice on.MY GOALS: Within the ne...
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Hi guys!So I've been thinking about this for a little bit and wanted to get some feedback from others. I want to start with a house hack here in the Philadelphia suburbs (as this is where I currently work my full time...
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Hi guys. I keep seeing to things and not sure what they mean. The phrase loan to value and cap rate. Can someone help? I searched for these terms and couldn't find them. Thanks,vera
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So I feel like I am stuck in the middle and don't know what would be the best thing for me to do. Here is my story and the dilemma I am in, I hope some of you are able to give me advice and guide me to the right decis...