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It's been a bit of a surprise to me that, in spite of what I thought was a huge bubble last year, both real estate and stocks all kept rising. Once COVID hit, I was sure that would prick the bubble and start the down...
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Hi BP.! I am trying to narrow down the strategy I'd like to used to get started. As I look at properties around me, I am stuck between (1) entering REI with a flip to gain more investing captial and (2) acquiring a pr...
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Looking for some other ideas about where to put money to place short term ($1,000 for one year, the other $1,000 for 2 yrs), basically this is money on top of my emergency fund that I'm saving for big ticket costs for...
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Hi BP Family! Where would you recommend living in USA to start house hacking and building a rental property business? The intent is to relocate from a high cost of living area like the Bay Area in California (although...
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Hey all!Hypothetical but very a real question:With little to no money to start your REI career. If you could perform the BRRR strategy, factoring in ALL EXPENSES. Cap Ex., Vacancies, Etc...And broke dead even to beg...
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I have a very nice urban property up for rent. The clients that often apply to my city homes have POOR credit.. so I NEVER judge an applicant based on their credit score, I have removed that judgement from my process....
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Hello All,I am a new investor and looking in Upstate NY for my first rental. I am currently working with a broker and she said the below statement that really changed the way I view properties under my search criteria...
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I know this subject has been discussed numerous times in various threads on BP, but I'm going to bring it up again.
I am looking for feedback from anyone that has gone from investing and managing their own properties...
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Hello,
Is the 20% down payment guideline a fixed rule across the industry? Or, is it possible to get a mortgage on rental property for a smaller percentage down payment? (maybe 5-10%, or even *gasp* no money ...