Hey bp forums, first time posting on here and I need some advice. I have four different options to use as my first real estate investment. 1. I have a duplex I can get for 200,000 with a 400 cash flow/month(after livi...
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Hi guys,I have a few general questions about investing in small commercial real estate properties:Estimating expenses:- The property is located in uptown NY and has four 1/1 units and one 2/1 unit and was recently reh...
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Hey guys, very long time reader here, but first time poster. I wanted to see if other experienced investors could help me on how to deal with the stress, anxiety and sometimes the fear of managing a larger portfolio o...
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September will be 2 years ago that I started this process. My first purchase was a house I learned that trying to use family to do the rehab is a bad idea. That process only took me about 2 months I know I'm slow my w...
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My wife and I are looking at some student rentals in Willimantic, Connecticut and are wondering what the local investors (shout out to @Jacob Reilly) are allocating for Capex and maintenance. Thanks for the help.
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When you complete a BRRRR, can you elect to have all of your expenses of the renovations be added to the basis of the house?For example - you buy a house for $100,000, and put $50,000 into it (Including repairs, maint...
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Does anyone know if you can use the potential rental income on a application for financing, as a way to lower your DTI. If anyone knows if it can be done on either a conventional loan, fha loan for a triplex, or would...
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Curious on your opinions.
I've started my journey in the expensive Seattle market and found house hacking a duplex gave me a tremendous boost as my first property.
The top 10 advantages that played out quite well:
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After re-reading Rich Dad's Cashflow Quadrant, I have a renewed focus of increasing our passive income from our investments. Up to this point, my main focus has been on increasing our net worth. Right now we are gener...
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There are 2 car washes for sale near me and I am meeting with the listing agent today to look at them. I requested copies of the income taxes for them both and it looks like this could be a pretty good deal but I'm no...