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My wife and I are nearing retirement and own a couple of homes that are finally paid off and we want to keep them long-term. So this is simple. No partners, no mortgages, nothing funky. We are looking for the best w...
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How does it work if you purchase a property in your personal name, then Quit Claim it to your Entity!
How does the Entity get all the write offs or what part of the process is deductible?
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When filling out a personal income statement, it asks for "net rental income"; should I just use the 50% rule and figure half the gross rent-PITI? What will give the most accurate financial picture?
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6 townhomes
$27,500 each
$165,000 total
Offer $135,000
Financing 20%down $27,000
Finance $108,000 at 4.5% for 30yrs (heloc) so rate is estimate. $547.22
Fully occupied. Professionally managed.
Rent $450 each 2beds ...
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Eviction? Pffft why pay a few hundred bucks when I can DIY and have them out in under a year?!
Leases? Not a chance. They're free online! What could go wrong?
Flipping contracts? Why? So they can tell me it's not le...
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I am currently looking at various opportunities to invest in notes. As a newbie, I don't have a standard due diligence list to send as part of providing offers. Here is what I would think to ask for:
Copy of note a...
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I purchased this Houston area home back in 2018, and we are now looking to upgrade. Rather than selling the home, I have been weighing my options as to whether or not it would be a good idea to turn it into a rental. ...
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I am currently in the process of reviewing a few options for our first rental property purchase and I was wondering what a typical return looks like on financed investments? I have read that the basic rule of thumb is...
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Wondering what everyone's go-to metric is for analyzing the value of a potential investment property?
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I'm a newbie just beginning to learn. I've got about $350K to invest and live in the SF Bay Area. I read the beginner's guide on this site and was wondering which "rules" help you the most (the 2% rule, 70% rule, et...