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Has anyone had good/bad experiences using "The Work Number" for employee verification? We usually ask for pay stubs and do not formally verify employment. But, we have a perspective tenant whose income we would like...
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Hi everyone! I am currently forming a NM LLC, but live in NY. Let's say I purchase (performing or non performing) bank notes from a lender in Illinois. Do I then register my LLC in Illinois? I've looked for this i...
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As I move toward acquiring my third property, I realize that I really need to start separating my finances. I plan on opening a separate account for my two rental properties. Do any of you have advice about what banks...
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Hello all. I am located in Fargo, ND and currently have 62 units across 16 properties. I am using third party property management at 6%. The items I find myself needing consistently are cleaning, maintenance, lawn s...
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I am new to Commercial investing, but I had an idea recently to turn an older movie theater that had gone out of business into a rock climbing gym. I have approached the owner of the building and she would be interest...
My father is looking to retire and wants me to take over his rental properties. I have been doing research on taking over the properties and I've found out a couple of things, but I still need help on some things. I...
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My investment is just beginning and I'm evaluating against two strategies: SFR vs syndication investing. While cashflow early on from SFR seems minimal the goal is ultimately to build long term wealth. One of the k...
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Hello
This year my wife and I started our real estate journey. We have one house that is being renovated currently and closed this week on two townhomes. We used a private lender to purchase the first house. For the...
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New to investing and trying to fully create a 10 year vision or business plan. Currently I plan to save 2k a month. To increase the amount of units I can purchase and cash flow I want to stick with property under 100k...
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Newly started LLC for investing in rental properties. What can I expect to write off at the end of the year? Any guidance on what mistakes were made by any of you early on? Should I hold off on buying equipment suck a...