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Under the assumption that there are no "dumb" questions...I am a newbie to real estate investing. Are the expenses I incur researching properties tax deductible? What about mileage expenses when driving out to vario...
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Merry Christmas to everyone!I have a question:Does PM decrease the efficiency of your Rental business?I mean, additional expenses connected with PM company?Like longer vacancies, longer renovations, higher expenses fo...
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Well after many months studying REI, we took the plunge with a 6 plex. It is 3 small duplexes on a lot. Cash flows well, $1200/month (at least for first attempt). Pretty exciting!We have also put in another offer a sm...
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As some of you may know, I just turned 16 so it's not actually legal to buy real estate right now aha. So I'm wondering, should I be reading books or finding a mentor? What do you think is the best thing I could do ...
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Truth is stranger than fiction. I'm a former motivated seller. The saying goes everyone pays a mortgage, either yours or someone elses. At this point I'm working on my real estate license in CA, because I need to lear...
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I would like to connect with BP members in California that are getting started in real estate investing out of state. I have spoken with a few BP members that are seeking commercial investment opportunities outside o...
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Calculating Tax Cost Basis Question: I would like to use the amount that my property deed was recorded for at the courthouse recorders office as my tax cost basis instead of my closing HUD statement amount. Can I use ...
Think every housing market is too expensive to buy in? Think again. We’re going over two of the country’s biggest cash flow housing markets and showing why they may be your next best bet when buying rental property. A...