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I've asked this question in other areas and have yet to get 1 response, maybe here will help - before investing, financially where should I be? (I understand no one can give a clean direct answer but a ball park)I'd l...
I just want to see what I can learn from people that are investing here in Texas.I would like everyone to just leave one thing about investing in Texas.I'll start:Don't depend on the oil business to keep your rentals ...
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Hi guys, I've been trying to understand the tax implications of different entity types. I've developed a really short, brief model of how an S-Corp would be taxed, provided that it is 100% comprised of rental properti...
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Hello,
What is the most efficient way to collect rent payments? Is it by mailing a check? Scanning someone's credit card? What are some different ways rent can be collected that are efficient?
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Hey Folks,I've been looking into the concept of replacing our home mortgage with a fixed rate HELOC as described on sites like Replaceyourmortgage.com. They want about $2000-2500 for their coaching and information. ...
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I'm looking to buy a property (first timer) for that is a bit over a 1 million with 25-30% down. I will be living in it with my family.
Due to the high prices in our current market, I may not be able to cover the en...
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I'm new here and analyzing the economics of buy and hold real estate here in the bay area. In most of my calculations, the best return I can achieve is about 6-9% annualized return for a 10-30 year period which is qu...
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Hey all, what would you recommend doing with a STR property that's just barely breaking even after all expenses? It's a 3 BR old bungalow in Tampa that I'm renting out on Airbnb. My prop management is handling everyth...
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Hi, first post. I am currently employed and make about $90k. I currently do not own a home. My wife and I currently rent a home that is owned by my in-laws. We have 2 kids, one has moved out and the other is away ...
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Hello, After reading books( rich dad poor dad, etc) , and listening to BP, I've decided I really want to get my life on a path of financial freedom, and free of my restrictive parents. My goal is to have my first prop...