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I live in a small town in Maryland that has a big shortage in apartments. I want to start out buy building a fourplex using 100% cash. I want to build 2br apartments which I expect to bring in $1,000/month. If ever...
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Well I'm moving back to the USA soon and would like to buy a fourplex for around 200k with a 20% down payment. However I have been living and working abroad for the past 5 years and have no proof of income in the USA...
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Every book I have read about buy and hold investing talks about forming an LLC as an essential part of your business. The line that is repeated over and over is that it protects you from a tenant suing you for everyth...
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My wife and I bought our first property in June of 2021. We are househacking a triplex where we rent two units out and live in the 3rd unit while renovating. We are now looking to move on to our next property. A famil...
Hello everyone, I am new here, and am still trying to figure out whether investing in my area, southern New Jersey, is worth the trouble.Any help would be appreciated.My strategy is to acquire long term rentals on si...
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This is for All members to read in Multi Family I need your feedback please forgive my grammar and English.Water off a duck’s back attitude: Some will, some won’t, so what, some waiting.The numbers: Look at this read ...
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Yes, I used the search feature and read countless posts from previous people asking similar questions, but nothing that related to my situation.On Tuesday I will be closing on my 5th house. All are owned 100% free and...
Hi Biggerpockets! First time poster, recent podcast subscriber here.I write this post as my wife and I have been trying to figure out the appropriate course of action to do with a property she bought back in 2013 as a...
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I need perspective on which route is better from the vantage point of 1) tax liability and 2) maintaining long-term value in the Estate. A close family member is aging and wants to get rid of their office buildings, v...
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I want to make sure I rack up 750 hours doing real estate this year to get my losses counted against my W2 earnings. I have 6 units and it is taking up lots of my time.
The question is what counts ? For example to se...