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Hello BP! I am interested in thoughts from the REI community on my situations...I bought my first home in March 2019.Home Value - 178kOriginal Mortgage - 170kCurrent Mortgage - 155kLoan Type - 5% conventionalLoan info...
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I am beginning to lower my personal expenses. So far, I have only gotten started by cutting a $97/month expense. I would like to cut more expenses. Would good could an extra $97/month do for my real estate business? A...
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Question I will have about 22k left over from my 1031 that I will either receive back and pay 15% taxes on. I owned the previous house for more than 1 year so that's why capital gains tax is that much in Ohio accordi...
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I own two empty property lots. One that I haven’t been able to sell and another where I have decided to build my home. Unfortunately I have been offered a great deal from a family friend at the worse time for my famil...
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One of my properties has a good size extra lot that the tenants don't use. I'm looking for ideas to turn it into a money maker. I was thinking along the lines of vehicle or equipment storage? Looking for advice on ...
So I sold an asset recently and now have an 40k I can play with. My wife and I have been talking about a beach house these last few years so that is my first instinct to go in 50/50 with her parents and buy one to ren...
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Hey guys got a question, I have a 180k FHA loan 3.5%. I wanna get a 2nd property. Should pay extra on my mortgage to help build equity then refinance to a conventional loan and get another FHA loan 3 Down OR save the...
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Thought it would be a cool idea to share how you earn or save extra money, no matter how large or small....to help make our pockets bigger. I think finances is an area one can always improve on....might as well learn ...
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Thanks for your suggestions below.
I bought my first rental property 3 years ago for 336K. It’s now worth 470K. Mortgage including taxes and insurance is $1750 a month, and rental income is $2500. Right now I’m payi...
As I've been thinking about how much to set aside for CapEx/maintenance expenses, I keep coming back to the questions of: "How much should I really be spending on X?" It isn't a matter of questioning the percentage of...