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Hi All. I started investing in RE in 2008 because i needed a tax break because I was a single registered nurse and couldn't afford a house in my area on my own. I initially got suckered into buying the RE moguls class...
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We are about to buy a lot to build on a 6-bedroom house with a pool in a gated upscale golf and waterpark community. We plan to have a management company manage it for 20%. Other similar 6-bedroom houses in that commu...
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Just listened to the recent BP podcast about out of state investing (prices are too high in my area for good cash flow). David Greene talked about finding a real estate agent, contractor, property manager etc in a t...
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In July 2014 I bought a 200+ unit deal in Dallas, TX for $6 million and at closing the property appraised at $7.4 million.The deal was off-market and I located by doing a strategic direct mail campaign.This was a toug...
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Hello all.
I have a question that may not be able to be answered here, but I will try anyway.
I own a number of properties that have been purchased within the last 2 years. The problem (and may not be a probl...
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I'm a huge proponent of asset allocation and diversification, and I was just wondering if anyone has ever read about Harry Browne's Permanent Portfolio which splits investments equally between stocks, cash, long-term ...
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Gateway cities like San Francisco and New York have long been favored by real estate investors, because they are fairly recession proof and tend to be insulated from job loss and declining property value during econom...
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After purchasing 2 rental houses in two years I've learned more than I could have ever imagined. This is clearly the way to create wealth and I am in love with it. I now find myself in a position where I have spent ...
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What would be your first investment?Would you buy and hold a solid 1-4 multi unit?Try a fix and flip?Or other?I'm trying to plan for my first investment. My long term goals are monthly income producing properties so o...
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Hello! New to BP, have done 9 residential single family flips. Made some good money as well as lost some good money. Got a taste for real estate but am looking to dive into flips on multi family units or possibly hold...