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Hello all,I have been looking for a RE community ever since joining the industry back in late 2014 and I'm surprised I have just discovered this wonderful site. My journey (keeping it short): I got my CA Salespersons ...
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When looking at expenses related to a property (vacancy, HOA, utilities, PM, repairs etc), how is that set up within a bank account? Do you lump them into one account and then dip into it when a vacancy or other expe...
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The 2016 Real Estate Investment Market Index is now live on the BiggerPockets Blog.Written by our Director of Operations (and spreadsheet lover) @Scott Trench, this study analyzes the top 50 Metropolitan Statistical A...
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I am currently looking into purchasing a 3-unit property on a lake that is in need of a cosmetic update. I know a lot of the common sayings to increase rental/occupancy rates involve taking professional photos, creati...
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I've been looking for a multi-family unit to add to my portfolio and my property manager called me with a deal that fell through and the current owner wants to unload it. Details:5 units - Large home that was convert...
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The question I have is how would you invest 250k cash? Paid off low income homes, use as leverage to purchase as many properties as possible or use as a down payment on a small apartment complex/trailer park. I perso...
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Great morning BP family,
I purchased my first home on April 1, 2024. I bought a 3/2 1500sqft foreclosure in Ormond Beach Florida. My purchase price was 225k and I put 5% down. I put about 60 – 70k in repairs. I compl...
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I am constantly told by investors, particularly new investors that MLS properties are bad investments and they will only purchase "off market" properties. Here's a few thoughts to think about:1. What exactly is "off m...
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Hello,
I recently listened to Dave Ramsey dissuade a caller from purchasing a multi-family building, and I believe he made several valid points. He said that one of the main issues is that the buyer didn't have the...
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Hi Guys,
I just bought the book Real Book of Real Estate by Robert Kiyosaki. I cant seem to find any reviews on this book. Has anyone read it? What are your thoughts on this book or this author? It seems like in ...