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My girlfriend and I are trying to buy a 4 family home in Rhode Island. We want to live in a unit and rent the other three units (House hacking). My girlfriend seems to not understand why we need to house hack opposed ...
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Remember that guy? He was on TV all the time. He talked about buying houses and making a fortune. He never talked about tenants, repairs, evictions, problems, etc. I wonder what happened to him. I know that Tom Vu wen...
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I realize this is a totally subjective question but I’m going to ask it anyways. What’s the magic number for single family homes? How many is too many? How many for maximum efficiency? What’s the most you could self m...
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The Wall Street Journal just released announces that the Biden administration announced a three-month extension to a national eviction moratorium, a move designed to help millions of tenants who have fallen behind on ...
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Hey everyone! I want to begin my investing career but not sure where to start , I make about 20k/year , I currently am renting in nyc for $700 a month , I have 15k cash saved up . And another 5k in my Roth IRA . I️ wa...
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I just had my duplex fall through, before we got to closing, because it appraised 45k short of purchase price. This was my 5th in 6 months that fell through. I've been working hard to read and do research after work a...
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My partner and I just closed on a three unit the end of July. We purchased the building from someone who was not a good landlord. Two of the tenants in the building are still on his year lease. The lease is very vague...
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I read the following article tonight:
Strategic Default or Efficient Breach?
that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...
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Hi BP members
Hope all is well.
I am curious to gather collective thoughts and opinions on IRA and 401k investing. Some people believe they should continue due to company matching as well as invest in IRA for tax s...
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Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...