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I bought my first home in August 2020 and took out a loan of $450,000 with a 2.5% interest rate over a fixed 30-year period. Not surprisingly, most of my monthly payments are going towards interest with the 30-year fi...
Hello!My Family business has been managing commercial property (industrial and multifamily) totaling 200+ units for many years with just Quickbooks and spreadsheets. Things run smoothly but it requires practice to alw...
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Cliff's Notes Below!We started our first rental this year... we turned our former primary residence into a rental and I had the help of a family member to do all of the paperwork. My help had over 20 years of prope...
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Does anyone have any general requirements for when to expand?For example how much money should you keep on hand per rental property in order to be comfortable to handle repairs?What should your overall debt to cash ra...
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I have been striking out on my offers in other markets that I have been focused on, so now am expanding my research to include a third area, Des Moines, IA, in an effort to increase my deal flow across the 3 markets. ...
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Hi BP,Last week, one of our best tenants (a jewelry store) called and asked if we have a bigger space they could move to. They kind of mentioned about this in the past but nothing materialized (because we offered the...
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Hi BiggerPockets family we excited to join the community. My wife and I have been actively involved in real estate, flipping and also buying-and-holding for over two years in the Miami market, up to now we have acquir...
Hello BiggerPockets Community,
I’m currently in the process of expanding my real estate portfolio and am looking to establish relationships with hard money lenders who can offer the most competitive and lowest rates ...
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I am excited to join the BP community. I am new to Real Estate Investment, venturing into commercial real estate space (multi-family rental properties) and willing to expand my network to build a team across the diffe...
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