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25 July 2021 | 4 replies
Educate yourself and be prepared.
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25 July 2021 | 1 reply
What are some good audio books or YouTube accounts that can help with my real estate education ( history of real estate, markets trends, taxes, LLCs.  Or psychological thought patterns of  persuasion and people who are considered sophisticated) Not looking for anything that targets emotions or that hypes passion like rich dad poor dad.
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27 July 2021 | 8 replies
My partner and I are newbies to the real estate investing world and we are just starting to do our research and self education.
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3 August 2021 | 14 replies
Would love to hear if anyone thinks these numbers / assumptions are wildly off or too conservative.Acquisition CostPurchase Price = $200,000Closing Costs (at 2%) = $4,000Due Diligence (at 1%) = $1,500Up-front Renovation Reserve = $5,000Total Acquisition Cost = $210,500Financing:20% down payment = $40,00080% loan (likely a major lender, traditional 30 year loan) = $160,00030 year term @ 3.2% (educated guess with very solid credit)Monthly Expenses:Mortgage Payment = $691.95Property Taxes = $120Insurance = $55Property Manager (soup-to-nuts) = $159Other Variable Monthly Expenses = $40Capital reserve monthly deduction = $37/month (5% of net income withheld for capex)Assumptions:3 months to renovate / update post acquisitionProperty rents for $1,400 / month (and assuming a 3% annual increase)20 day vacancy assumption = 5.48% vacancy rateTenant takes occupancy month 3Annual expense growth rate of 3%Expected / Target Returns:Monthly IRR (w/ financing) = 15.48%Monthly cash-on-cash return (average over 5 years) = 2.79%Monthly Net Operating Income (year 1) = $798Capitalization Rate = 4.79%Kyle
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26 July 2021 | 8 replies
I've been educating myself through the Bigger Pockets forum & podcast along with reading & YouTube University.
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28 July 2021 | 7 replies
My career goal is to become a doctor and provide pro bono care and health education to women in need.
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26 July 2021 | 2 replies
I am a totally new investor who is currently in the "education" phase of my investment journey.
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4 August 2021 | 11 replies
At the very least, he could fully educate you on every side of Real-estate investing and borrowing.
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7 August 2021 | 12 replies
You will meet lots of great vendors, wholesalers, title, Realtors® and have access to tons of meet up groups and education.
11 August 2021 | 5 replies
Good luck and get educated!