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Hi BP!I've been heavily investing in RE for 2+ years and I often try to extrapolate the future based on my basic experience. The latest of those extrapolations is to calculate how much net rental income is needed to s...
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Hello BP Members,I recently bid on and "won" a property at an auction that occurred this past early March. Prior to bidding, I did my due diligence and felt comfortable bidding (i.e. ensuring it was a 1st mortgage, t...
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I’ve been seeing a lot of articles with people (millennials, mostly) struggling to buy properties, whether it's their first home, or for investing in real estate. Curious what has been the experience here. If you’re m...
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I got out of the stock market in 2009 after taking a $300k loss. Ironically, I had made about the same amount by actually predicting the crash and shorting the market at the top. I thought I could predict the upturn a...
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I hope this post will help inspire new investors to keep pushing everyday until they reach their goals. I owe a lot of my success to the BP community and I hope to give back as much as I have received!
Three years a...
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Hello BP Community,This is my first BP post, so please forgive me if I deviate from any community posting practices and standards. I have been renting in Jersey City for approx. three years, and have always had an int...
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Does anyone here currently use TenantCloud (formerly EVAproperty) or have in the past? I've seen them mentioned in a couple of threads, but haven't found anyone who actually uses them. They seem to offer a LOT of feat...
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I have around $50,000 in a 401K and I'm wondering if I should leave it where it is or if there is another investment that would yield more money in my retirement years, which could start as early as 2-3 years from now...
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I bought a performing note which has been plugging along with prompt payments. However, I could use a chunk of cash more than monthly payments right now. Rather than sell the note, would it be unethical or illegal to...
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Is there a way for the tenants to pay rent at a store? A couple of my tenants don't have computers and can't pay online. I will not go to the property and physically collect rent and really don't prefer mailed checks ...