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5 December 2013 | 15 replies
HiSounds like you really want to be on track with your investments and that it is very important to you.It seems that you have an internal struggle between safety/ security VS being an entrepreneur and having freedom.
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15 November 2012 | 7 replies
Jon KlausAs an entrepreneur and a Pisces, I ALWAYS think and dream much beyond that.
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12 January 2023 | 20 replies
Hi, my name is Souhimbou Kone, I am a serial entrepreneur, public health practitioner by degree, and computer network & security specialist hailing from the Capital Region of New York(Albany).I am new in Real Estate, and looking to expand my network, circle of associates, knowledge, skills and capital.
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7 May 2020 | 13 replies
I am heavily attracted to the idea of working independently as a sort of entrepreneur (I am not opposed to working hard or for many hours, it is more so the fact of choosing how I want to live my life and run my business).I am wondering if anyone has any tips or suggestions about how I should get started and go about doing Real Estate sales part-time in college?
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13 April 2019 | 15 replies
Hi guys, This is my first post on Bigger Pockets after having been following the site and podcast for two years, including taking classes and learning all the general entrepreneur stuff from my dad all my growing up.
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15 April 2023 | 197 replies
All 2 bedroom unitsRents: $600 per doorMarket rents: $1100-1300 per unitRehab budget: $175kOther measures being implemented to increase NOI: Energy efficient LED lighting indoor and outdoor, RUBS, coin laundry, storage units, pet feesProjected rehab time: 6 monthsProjected ARV based on 7 CAP: $1.2mProjected cashflow after cashout refi: $400 per doorDeal#3Cost per unit: $55kRent per unit: $800-850/mo per unitProperty type: 4plex in Cincinnati How we found it: off market through Facebook groupStrategy: 1 year House-hack followed by 5-7 yr hold rentalFinancing: FHA loan 3.5% down @2.375% interest rate2 units owner occupied, 2 units rentedRental income covers all expenses and mortgage costsIf all 4 units are rented, property to cashflow $200-250 per door as-isLearnings:1) Mindset shift Reading Kiyosaki's Rich Dad, Poor Dad and Cashflow quadrant motivated us to - let go of our liabilities and build assets, move from Employee quadrant to Entrepreneur and Investor quadrant and put us on the path to create passive income. 2) Education - We spent a year reading books on real estate investing, listening to podcasts, reading BP forums and analyzing deals.
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13 January 2019 | 32 replies
They were certainly a professional organization, their model just didn't work as well for us as we went from passive investors to active RE entrepreneurs.
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3 February 2013 | 21 replies
Your job as a RE entrepreneur is to gain perspective and tools to solve problems, then the deals will come and so will the money.
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2 January 2015 | 15 replies
What I am not sure about is whether the depreciation can be used when you own the house/flat as a common person, not an entrepreneur, I think that in such a case you can only write down the rental income by 30% lump sum and the rest of the money is considered as a taxable income.
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25 January 2016 | 15 replies
being new to real estate investing my husband (the non-entrepreneur conservative one) thinks you start with one property.