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8 July 2024 | 9 replies
House hacking the VA loan is the best way for military members and vets to build wealth in real estate (in my humble opinion).
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12 July 2024 | 48 replies
remember payments may only be 400 a month at best.. 6 months reserves is a whopping 2400 dollars.. so someone theoretically with less than 10k in cash could get into these properties.. this William I personally think is highly dangerous for lender and for buyer... its not losing the 10k that's nothing its getting your personal credit trashed when you can't make the payments because you lost all your cash.IMHO if you want to be in the rental game you need 20 to 30k liquid at anyone time that you don't have to borrower etc.. this will insulate you from taking a loss. as you build units of course its not exponential but you need a base.And since this is not TRUE cash equity only paper equity there is no hope of selling them for a profit or what you have in them..
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10 July 2024 | 34 replies
Considering the ever-evolving landscape of Short-Term Rental (STR) regulations, What are the best 5 states in your opinion to build a STR portfolio starting today?
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10 July 2024 | 2 replies
However, once I get my own home purchase out the way, the next move is to start building a rental property portfolio.
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10 July 2024 | 7 replies
I would suggest googling (or using Instagram) to find designers in your area that fit your style and visiting their website to see what services they offer.Another avenue is to search for interior design "build recipes" or "design recipes".
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10 July 2024 | 4 replies
Ideally this is research you perform as part of your underwriting when deciding to build the JADU.
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9 July 2024 | 12 replies
This factor can significantly impact your cash flow potential, especially if you're contemplating a buy-and-hold strategy.
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8 July 2024 | 2 replies
Hey!!! I have religiously listened to the BiggerPockets Pod cast for a long time and even read some of the books. Today, i have finally joined and looking to learn and connect.Alex
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13 July 2024 | 22 replies
They also told people to stop sitting on home equity and tap into that as an asset to use for education and build a better life.
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10 July 2024 | 3 replies
I can go into more detail about your specific building if you'd like to reach out.