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Hey guys, I need your input.I am a 30 yr. old local government employee who wants to be a real estate investor. My strategy is to buy a multi-family home (duplex) live in one end and rent out the other. However, not o...
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Ok, I suppose it is possible - I'm just hoping to get some experienced investors' take! I do have capital that I'd like to put to use in an apartment building in the roughly 400K-700K range, however I can't seem to m...
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Do most of you run your business under an LLC or S-corp ... or do you run your business under your personal name? I'm know a lot here set up businesses but is it really necessary if you only invest on a smaller scale ...
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Economic Update
(Monday, July 6, 2020)
The big economic news this week is the second straight employment report which surpassed expectations. Nearly all of the data indicates that the recovery from the partial shut...
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Economic Update(Monday, June 29, 2020)
The economy turned the corner in May after the sharpest and fastest downturn in U.S. history, but further progress in recovering from the pandemic is likely to come much slowe...
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Economic Update
(August 3-7, 2020)
It’s 2020; a crazy C-R-A-Z-Y year. We are in the land ...
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Economic Update
(Monday, August 10, 2020)
The resurgence in coronavirus cases is sidetracking an economic recovery that gained steam in May and early June, slowed in July, and now indicates a rocky path ahead. ...
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Hello BP community. I’m at the point where I’m really want to take action on getting my first investment property.We have quite a bit of equity in our residential property so we were thinking about refinancing and usi...
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As I embark on this RE journey, I see on the forum that most people take it for granted that financing is the way to go. What if you have enough cash to purchase a property, are only getting deferred tax benefits from...
I recently purchased a rental investment property in Dearborn Michigan for $70k and rented it for $900/month.If I had gotten a 30 years loan on this property with %20 down, it would give me $250/month cash flow. (afte...