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Hello all.I've been a member of Bigger Pockets for a few months now but this is my first post. I have always been interested in real estate and now I believe it's time for me to actually set goals and milestones for m...
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Our very own @Scott Trench has written a book called Set for Life: Dominate Life, Money and the American Dream .Money isn't something that's talked about very often in our society, which is why most of us don't know h...
It wasn't an earth shattering success, but I'm learning along the way. PP: $210,000Down Payment: 20%Closing Cost: $9,500Rehab: $5,000PITI: $1425Rented: $1250 per monthProperty Management: $83 per monthI did all the re...
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I'm making a killing in the greater Seattle market. Up until I sold one of my houses in the area, I was making around 400K a year through appreciation, cash flow and principal pay down. About 60K was through the cash ...
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I'm currently under contract for an investment property multi unit in Tobin Hills. I'm new to the area and wanted to know any information about the area. The cons and pros of the area and future potential. The investm...
I thought I'd start a thread on trading. If it garners enough interest maybe we can get an off topic trading forum going. I've learned there are not many trading sites out there nearly as fun as biggerpockets.
I bec...
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Does anyone else believe in Austrian Economics & follow Peter Schiff & Lew Rockwell & think that when the everything bubble pops in next couple years (we are already in 2nd longest expansion ever) that we ...
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A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
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Hi All,
First I would like to thank everyone here for all of the informative posts. I am definitely seeing some good use for this site.
My name is Edwin and I am from Northern New Jersey. I currently work in NYC...
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What do you guys and gals do with your cash flow?How much do you have in reserves before you pay yourself? Do you have a formula? Do you pay off quicker?Just curious how others use their money.