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25 June 2018 | 4 replies
The goal is to be transitioning into self-employment in 2020.I have been following the BiggerPockets community through podcasts and webinars for the last year.
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6 July 2018 | 6 replies
Of course, we have a great team of Home Inspectors, Termite Inspectors, Title Co, Lenders etc to make this transition as seamless as possible.
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3 November 2017 | 11 replies
At some point, I'd recommend transitioning into commercial multi-family.
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4 November 2017 | 9 replies
So I think everyone's idea of slowing down the transition of this property and simply buying another investment property while you season long enough to take advantage of sec 1031 and sec 121 is spot on.
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7 November 2017 | 7 replies
I am in the process of transitioning tenants for my single family home rental property.
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3 November 2017 | 1 reply
They no longer do group homes for children but have been looking without success tor one for transitional youth.
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5 November 2017 | 1 reply
As you add more and bigger properties, you'll at some point likely transition to professional management, which will add more risk.
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6 November 2017 | 10 replies
It just seems like I skipped a month when I transitioned companies.I'm sure it also helps them if there are any expenses towards the end of the month they can take it out of the rent since they still have it.
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21 November 2017 | 5 replies
Well because I could not commit to acquiring my first property with the remaining time in the year, I’ve committed to analyzing 2 deals a day to post on the forums here.It will allow me to gain knowledge and advice from experienced investors and also give other investors like myself (or soon to be investors I guess) an opportunity to contribute as well.Even if they haven’t done any deals, they may know how to avoid common mistakes while analyzing that they’ve learned since they’ve started on their path to REI.I know it may not be much, but I’m really hoping that others in my position feel inspired to contribute more than the normal “Hi I’m a new investor looking to learn from everyone here on the site” and those more experienced are still willing to share their experiences.Thanks everyone.With that being said:Property #12-unit Property in Queens, NYEach unit is a 2br/1baAnticipated gross rents: $3.8k/moOperating expenses (per month):- Vacancy: $190- Repairs/Maintenance: $35- Taxes: $300- Insurance: $133.33- Property Management: $190 (did this at 5% of gross rents because I can manage the property myself but I’d like to set aside a portion in case it makes sense to transition to management).
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17 November 2017 | 16 replies
Property #22-unit Property in Queens, NYEach unit is a 2br/1baAnticipated gross rents: $3.6k/moOperating expenses (per month):- Vacancy: $180- Repairs/Maintenance: $70- Taxes: $295- Insurance: $135- Property Management: $180 (did this at 5% of gross rents because I can manage the property myself but I’d like to set aside a portion in case it makes sense to transition to management).