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Hi BP! First time post.
Im looking for a little advice from some of you seasoned REIs regarding things I can be doing in preparation for this journey. First off, a little about my situation. I work in the entertainme...
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My boyfriend and I are looking to purchase an investment property, a long distance buy and hold, and are unsure of the process for keeping our finances separate. (We aim to purchase more in the future)
This will be...
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Is there any way to count a room in a 4/2 house towards DTI on a future purchase? I'm sure I already know the answer to this question and I'm going to owner occupy one room and rent 3 out LTR. My DTI ratio is high b...
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Hi,I am trying to set myself a goal on how to get started in real estate. I am currently working a full time job and all I think about is real estate. I want something bigger for me and my family and since I was intro...
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So I bought my 2 fam house in Dec. and have a 221k mortgage on it owner occupied. Since I bought it, I updated both units - (paint, light fixtures, appliances, took out carpet hardwood floors throughout, all the o...
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I was at a conference this past week talking to a a few MF syndicators and discussing various aspects of the business and I wanted to pass this question along to the community. What is the #1 question/reservation your...
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I don’t know who else to ask, but I’ve been reading posts on here for awhile as I’m getting my own place ready to STR. Everyone here seems knowledgeable and kind and hopefully can give advice.
So my son and his fami...
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Hi BP,I came across this company (link below) while looking for some lower risk investments. They are promising 6%-9% on promissory notes backed by their RE projects and it looks a little too good to be true. Does any...
Hi all. I want to make sure my expectations are where they should be. Looking to buy our first property - a multi family purchased with a low percentage down - either FHA or conventional depending on the property. We ...
Hi Everyone,I apologize if this is a dumb question, but please enlighten me if you'd be so kind. Why wouldn't I hire a Property Manager if that is a Tax Deductible expense? Why would I do the work myself if the cost o...