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15 February 2024 | 95 replies
. $2,500 monthly rent (not subtracting monthly expenses and mortgage payments yet) is $30,000 annually which is 5.3% return.
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16 February 2024 | 8 replies
Where I live is extremely expensive and pay is not up to par.
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16 February 2024 | 5 replies
Otherwise they'll go nuts when your expenses have risen so much over time that you have to increase by a lot. 1% 0.5%, something.
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17 February 2024 | 21 replies
Building a financial cushion for unexpected expenses is essential for successful property investment.Remote Work and Relocation: Your ability to move freely due to remote work aligns well with your investment plan.
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16 February 2024 | 22 replies
Here's my experience summarized about the Midwest. https://www.biggerpockets.com/forums/48/topics/1165499-whats...The "cash flow on paper" for Class C Midwest (which is almost non-existent with 7% interest rates) will cost so much in repairs, capital expenses, tenant issues and it won't appreciate enough to make up for the losses.
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16 February 2024 | 20 replies
I believe there are less than 1,000 people in this country who earn more than $100K in profit wholesaling over the last two years, and even that's hard to accurately pinpoint, because most wholesalers, excluding the folks who sell expensive courses, tend to have larger holistic real estate businesses, that include flipping, hold, private lending, turnkey rental sales, construction, and other related businesses.
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16 February 2024 | 11 replies
I'm planning on house hacking (honestly comfortable renting out bedrooms in say a 4-5 bedroom house) and having that cover all my expenses.
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16 February 2024 | 60 replies
Even the most expensive market, even the most depressed market.
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15 February 2024 | 4 replies
I assume that drives up rent (and landlord expense).
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16 February 2024 | 16 replies
Paying for taxes because of a misfiling will be more expensive than just getting another CPA.