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I've received some PMs and e-mails asking about setting goals and what do I do in retirement. I've ressurrected an old blog from nearly a year ago that was done in 2 parts. We have SO many new members, I decided to p...
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Hi guys, I read reports on real estate investing and there is something I do not understand. Please enlighten me. I saw something inside the report like CAP RATE 15.2% ....
What is
- The meaning of CAP RATE in laym...
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If I buy a house for 100,000 and sell it for 120,000 and charge a buyer 5,000 down to get into the house. How is that contract structured?
Does he begin a new contract for 120,000 after the time period comes where...
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I've decided to take the plunge into real estate investing. I'm reading all these great articles on BP (thank you for providing this amazing and extremely useful resource!!) and also have a stack of books on house fli...
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I am from the Detroit metro area but I invest in Pontiac. The reason why I invest in Pontiac over Detroit and Flint is because the rent margins are simply not high enough for what you are paying for and putting time i...
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Did plumbing for 7 years before moving to sells, I still own a plumbing company on the side. I can do my best to answer any plumbing questions.
Ask away.
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We have been sitting on a little over $25,000 in cash for a few months. I've yet to pull the trigger on where to invest it. What would you do to begin turning this $25,000 into early retirement?
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Getting ready to start my real-estate investing journey but trying to get my questions and concerns answered before I start. So this is a very elementary question (sorry)! If you use the BRRR method of investing for b...
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Good morning everyone, I was wondering, if I want a property paid off in three years, and I put 20% down, should I put as much as I can monthly (I can add an extra $4,000 per month) or, should I put the $4,000 each mo...
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After a year of vague forum posts, let's get personal.My wife and I have 100K. No debt. We rent a townhouse, at $1,700 a month in Orange County, California. Currently we make a combined $160k.Our end goal is to have r...