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25 September 2024 | 1 reply
Listening to one of Brandon Turner's books and he mentions this (https://www.biggerpockets.com/blog/plan-to-make-a-million)My question is how do you calculate your loan paydown for the principal and how much equity you've built up?
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24 September 2024 | 21 replies
Hi Giman - It's a great time to explore your options with the recent rate changes.
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25 September 2024 | 4 replies
One thing is when they dont pay their rent before receiving a voucher but it is different from defaulting while being assisted and having resources at their disposal.
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24 September 2024 | 7 replies
I plan to buy one, or two, more PR before I get to my forever home.
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20 September 2024 | 9 replies
Too many entrepreneurs make good money each year but pay Uncle Sam 35-50% of it.It takes a long time to build a massive wealth snowball when 1/3 to 1/2 of your snow gets chopped off each year.Real estate can help with this.
25 September 2024 | 8 replies
Hi @Josh Carpenter - this is a great question and one I've discussed and brainstormed with before.
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27 September 2024 | 22 replies
Larger homes provide more opportunity to make the home unique and capture larger families/groups to share the expenses of one home vs renting 2-3.
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27 September 2024 | 8 replies
Here are a few:Pros: -Reliable rent paid every month-Stable tenants that typically stay in the unit for a long time-Purchase prices are typically lower so easier barrier to entryCons:-Getting the files onboarded and processed is very tedious.
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27 September 2024 | 18 replies
Perhaps the conventional 5% down, but since I am self-employed and write everything off, I am being told that I would still need to put down 20% and provide a year's worth of bank statements to satisfy the underwriter.My question for the community is: does anyone have any ideas on how I might structure my first deal to acquire property number one?
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27 September 2024 | 3 replies
I have a goal with in the next 12-24 months that I will be able to walk out of my job, and into my passion full time.