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Thought some of us could learn from others mistakes here. Are you all willing to cop to your mistakes? Let us learn from your small misfortunes.
So: What was your biggest mistake investing?
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As another test of the new BP file vault, and to give back to the BP community, attached is the spreadsheet I use to evaluate single family house rentals.
In general, the red colored fields are th...
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Hi,I had the fortunate event of having Eddie Speed frequent my portrait studio this weekend.His son had mentioned, to me, his famimly owned some land on North Texas during our photoshoot. Once I met Eddie, I mentioned...
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Hi everyone,I am a new young investor and I am looking into the best place to buy that would have great cash flow. I know many people are talking about Dallas and Houston,Texas as great places to invest in. Now my que...
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Hi all,I'm curious to get your thoughts on whether you think a 15 or 30 year mortgage is the right way to go for a buy + rent out strategy? Suppose my goal is not necessarily cash flow (say I have a full time job tha...
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Hi Everyone,I’ve been a long time listener of the podcast and have been saving up money to begin my real estate investing career. I currently am 25 with about $50k in cash saved up.I live in Austin, TX, where tons of ...
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I'm new to the REI world and still learning the basics. Something I'm trying to wrap my head around is whether the cap rate is actually a reliable indicator of the risk of an investment. My understanding is that the m...
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I
recently got started with great excitement in RE investing in single
family turnkey properties, have spent a lot of time learning about
the wonders of cash flow, and just refinanced my primary residence to
cash ...
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BP nation,In my market, turnkey (rent-ready) homes are going for $140K - $150K and renting for around $1 per sf. Now - you can get a distressed property for $110K - $120K, but by the time you fix the foundation and gi...
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I posted a few weeks ago about doing a Sub2 offer on a duplex in trouble.Rather than throwing offers back and forth and guessing who were the real decision makers, I asked to sit face-to-face with the listing agent. H...