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New to the game and seriously considering purchasing a 5 family. The current land lord has not been using leases, so the tenants are all month to month. Curious what people think of this approach vs having year long...
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I'm a strong believer that a house-hack is one of the first steps to wealth and financial freedom.However, this one rule is overlooked and constantly kills deals before they even happen:The self-sufficiency test. I ta...
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Hi to all! I am in the military stationed in Rhode Island. I am hoping to develop some land out here that I own because it seems that there is not enough housing for military and people in general that is affordable. ...
Hello BP Community!This is my first post on the BP forums and I would really appreciate the input of my fellow members on a sample deal analysis as well as an array of relating questions. Before I get started, I want ...
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Hello all!
First of all, I have to thank all of you so much for the massive amounts of wisdom I have recieved from this forum.
That said, I have set out to truly start my RE investing practice (we do already have ...
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Hello all,
My girlfriend is doing her Master's degree at San Jose State University in the Bay Area of Northern California.
She moved into a house where all the rooms are rented out to different students...
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Good afternoon everyone,I'm wonder what your opinions are on hiring a home inspector? Pros, cons, services they offer, price, etc. Basically what do i need to know about choosing one. Thank you all for your time and a...
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Hey guys, I'm currently saving up for my first real estate purchase and looking for ways to expedite that process. Currently, we are putting our money into a basic savings account at 1.45% interest. Debating puttin...
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Please prove this strategy wrong, but I have not been able to. I bought an investment home in Charlotte, NC (I live in FL) when my child was born (14 yrs ago) for $124k that is now worth $340k today. Because I switc...
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Hi all! First time posting here.Dad died a couple years ago and I inherited a house. The tenant has been there since 2014. I let the tenant know about the death in 2022 and that I'd be taking over. In early 2023 I tol...