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The laundromat is very beat up but also very popular. I've never owned before so it is a learning curve, but the cash on cash return is so far phenomenal considering I just stop by every morning to check on the attend...
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Or am I just a mental case? Haha...I currently have my own property maintenance biz which is currently in a slow spot. I have some money in the bank and am desperately trying to figure out what next venture I should p...
Hey all, I am planning to start a small coffee shop in my city. I am a big fan of espresso. So, I thought why not sell it. There is great happiness associated with doing a business that you like. But the thing is, I a...
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Hi, Newbie here. I have a quick question regarding "vacancy reserves". Im having a bit of a hard time wrapping my head around this, but I think its very simple and Im over thinking it. When calculating vacancy reserve...
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Real estate investing is often about maximizing positive cash flow to produce the best possible return on investment. We can increase value by increasing cash flow.  Here are a few ideas that I have that I want to sh...
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I recently purchased a business and the building. From the cashflow of the business (one entity) I pay rent to my other entity that holds the property. The property was appraised for 350k and was bought for 300K. I li...
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Hello,
I will be closing on a duplex purchase next month. Everything looks good so far. I am making a list of things to do after closing.
There are 2 washers and 1 dryer that will come with the purchase. I wanted ...
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I have a property in southern Maryland with 10 single family homes (around 950 sqft each, most 3/1) on 5 acres. It's my own little community as its in a pretty rural area. The homes are roughly in a circle with a smal...
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Good morning BP nation! I'm looking at a duplex as a buy and hold property where I would not live in either units but would be the PM.
Purchase price $150,000
20% down 30 year mortgage
Initial ca...