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Heres my situation: I'm house hacking my condo in Santa Monica, owe $346k and its worth about $460k. I have about $50k in cash outside of retirement to use toward another property. The ultimate goal is to create some ...
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Hi everyone, my name is Ryan. I am a mechanical engineer in the product design business and am looking to begin my rental property investing business in the next 8-12 months. I plan to start with single family homes (...
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Hello there,
We are a new LLC, and I was just trying to find some insight as to how to start to build business credit? Obviously, we are not going to go and get approved for a substantial amount right off the bat, bu...
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Last year, I stumbled upon a really solid niche investment opportunity - airline crashpads - and am on the cusp of closing a great deal BUT was turned down by my bank for the financing. This would be my 3rd deal in th...
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Lurking a bit but thought I would introduce myself. I am Colleen and I am an MA resident but invest in Rhode Island. I have a family and a day job but seem to gravitate to these old rehabs pulling us into some inter...
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Real life of a newbie investorI've been inspired by Account Closed post, "real life of a real estate investor". With that being said, I believe there's value in sharing my journey with other newbies. I will begin givi...
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How can a newbie do this without hiring estimators each time, and making the process cost prohibitive?
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What have been your hardest lessons learned in short term rentals? I'd be curious to hear the experiences that others have had. I'd say my hardest lesson learned is overestimating how quickly a new property will reach...
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Hello BP!I have an accepted offer on my first property that I am purchasing with all cash. My strategy was to purchase with cash, rehab, rent, refinance. I just recently learned about the "seasoning" period which from...
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I am a newbie... stuck in analysis paralysis. I "know how" to find the homes, how to possibly contact the owners, how to locate / assign contract. But all of this is from books and podcasts. I need to get in! My famil...