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16 May 2018 | 1 reply
And this will change drastically if you are buying leveraged or un-leveraged.
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18 May 2018 | 5 replies
These were all reasons I was scared to partner with someone, but have learned from BP partnering with someone smarter than yourself is the best way to further my education.
17 May 2018 | 16 replies
I would absolutely get a couple of experts to look at the foundation and provide some education.
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17 May 2018 | 4 replies
I've been flipping homes to create capital infusions, but that is only meant to be in service of purchasing more rentals at a faster pace without having to wait for 20% down payments.I know the BRRRR method is another way to accomplish this, but I'm running into a conundrum.Here's my understanding, and I'd love for someone to educate me on how to do this a little more effectively...First, I am thankfully very bankable.
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24 May 2018 | 11 replies
IF you qualify for the SOLO401K (must have self employed income as the main criteria) in MOST cases they are better; larger contribution limits, easier to leverage with less paperwork involved.
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21 May 2018 | 15 replies
Continuing education is essential for you and helps build your confidence.
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17 May 2018 | 4 replies
The question is this: Now that this property is moving forward appropriately, how can I leverage the equity I have in that property to expand?
18 May 2018 | 9 replies
Below are the details:Ask Price: $2,595,00025% DP: $648,750Monthly P&I (30 Year Amor @ 6%): -$12,897.15Annualized Market Pro Forma NumbersPro forma Rents (24, 2/1 units at $995/month): $286,560GOI with Vac/Cred at 8%: -$24,357.60Pro forma Expenses at 30%: -$85,968.00NOI: $176,234.40P&I: -$154,765.80Cash on Cash Return: $21,468.60Deal MetricsCap Rate: 6.79%Debt Coverage Ratio: 1.14Cash on Cash Return: 3.31%Cost Per Door: $108,125Adjust Rent/Price Ratio (per door basis): 0.9202%My MFH investing education is still on-going, but it looks like the seller is trying to sell this as a stabilized asset.
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19 May 2018 | 9 replies
If you can get all locations on a single commercial policy, you can leverage your total premium to offset the claims.
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17 May 2018 | 3 replies
Hi BP,I am seeking any resources (books, websites, software, etc) to help educate myself on home design and renovations - particularly those focusing on the exterior of homes.