I want to get into REI so that I can diversify out of the stock market. My wife is convinced that investing is a bad idea.Does anyone have an experience talking a spouse into not holding back?
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Hello BP!
My husband and I are looking to acquire a couple of turnkey properties (debating a multi-family property as well) and are looking for feedback for either agents or companies that you may have worked with...
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Hello Bigger Pockets,Would you please provide feedback analyzing our first "big" deal? We have 1 duplex and 3 SFH's however this is our first commercial and it's mixed use.This is a downtown "main st"-type property i...
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Why is the cap rate normally reserved for commercial real estate investing? Do I look like I don't know what I am talking about if I market a SFR or duplex and mention its cap rate?
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Hello BP I have this deal I’m trying to get under contract through a realtor but he says that he needs a letter from my bank verifying that I have the fund to buy the property. But I’m not trying to buy the property I...
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Short story is that I've been taking care of various family members for quite a few years and have no income or credit. And even though neither of my parents is in any position to take care of their rental property (p...
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Hello BP community!I'm 34, living in Los Angeles and looking to possibly invest in either Texas or Orlando, FL this year. I have no debt, credit score over 800, and have money saved up for a down payment, etc.Since it...
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Ok I am a small time investor , for now :).
My question is pretty simple. What do you keep in reserves? I know everyone says typically 3-6 months and if you want to be really safe go 12+months.
1. What ...
I’m looking to invest in my first long-term rental property using the BRRRR method but I am trying to find the best financing options for me. I was originally looking at conventional loans from banks but after researc...
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Hi everyone!I'm new to BiggerPockets, and am looking for some advice!My husband and I are looking to buy our first home in Seattle, and in neighborhoods with good access to shops and restaurants. Our initial plan was ...