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7 August 2024 | 6 replies
Real estate aside, I am passionate about rock climbing!
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6 August 2024 | 0 replies
Property 1:Purchase price - $73,000Mortgage - NONE (Paid Cash)Monthly Rent - $875Monthly Profit - $580Property 2:Purchase price - $65,000Mortgage - NONE (Paid Cash)Monthly Rent - $950Monthly Profit - $750Property 3:Purchase Price - $107,500Mortgage - $80,625 Monthly Rent - $1300Monthly Profit - $435Current Cash Available - $110,000Current Available Equity - $96,500 Cumulative Total - $206,500The available equity was a HELOC loan that was given at 70% LTV so those are real numbers, they would be from property 1 and property 2.The reason im typing this is because I would like to know if there were any builders that could give a rough estimate of building cost per square foot in Kansas City area or suburbs.
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12 August 2024 | 12 replies
If you have different individuals then you need to make sure that there is an equitable way to share the three benefits of owning real estate: 1) equity, 2) cashflow, 3) tax write offs.
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6 August 2024 | 38 replies
My husband and I are new to real estate investing and currently seeking for our first rental property investment, preferably a multifamily (2-4 unit) home.
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10 August 2024 | 3 replies
I am brand new here and truly to real estate investing.
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11 August 2024 | 5 replies
Throwing this out there as well for all investors in the area to connect and meet up. https://www.meetup.com/north-country-real-estate-investing-c...
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12 August 2024 | 12 replies
Comps in the area are all sold for 350-370, but who knows they could have sold it as the listed price but didn't post the real sale value of the house after incentives were applied.
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12 August 2024 | 28 replies
I’ve been using my rental income to pay myself back from my initial properties and all the 401k loans and zero % interest credit card loans I’ve take out to buy real estate.
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11 August 2024 | 7 replies
The old saying “it’s a numbers game” real;y applies here.
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10 August 2024 | 8 replies
If you don't want an LLC business bank account, a personal bank account that is used solely for real estate is a second but less desirable option. 3.