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3 September 2024 | 7 replies
So the answer is somewhere in between 1 day and 2 years depending on how you can demonstrate your intent.I doubt if there would be much of a benefit If you're actually living there but pretending to rent to a family member.
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1 September 2024 | 1 reply
I am very interested in real estate and been learning a lot.
4 September 2024 | 11 replies
There’s no benefit to 2 or 3 year leases as a landlord.
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5 September 2024 | 5 replies
Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.
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8 September 2024 | 29 replies
A)The owner is a real estate agent, and has been for over a decade.
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7 September 2024 | 7 replies
On a building that probably tops out at 680k/ maybe if uts gorgeous and you find someone with more money then sense 700 but i couldnt fathom someone paying nearly 200k per unit in Hartford The real question you want to ask yourself is, is one year of my life.
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5 September 2024 | 13 replies
I have a W2, but also have a real estate license, though I work very little in actually selling real estate.
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5 September 2024 | 9 replies
The objective is to make a profit, not merely own real estate and this is often forgotten.
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6 September 2024 | 4 replies
The rents are collected weekly instead of monthly, so there are more rental periods each year, but I assume expenses may be higher as well.Does anyone have experience with SRO real estate?
1 September 2024 | 2 replies
Rental 1 - Cash flow Breakeven - rate 3.875% - 20-25% equity (not looking to refi)Rental 2 - Looses about a few hundred a month - rate 9% looking to refinance soon to 6.9% but debating on waiting until rates drop further - 5-8% equityPrimary - currently at 7.25% waiting to refi to 5.5-6% - about 5-10% EquityMy current net worth breakdown is approximately...Real estate 39%Cash reserves 7.5%Brokerage 30%Retirement 17.5%Other 6%