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We had a conversation with a guy today and it went something like this:"Hey I saw you hauling some lumber the other day. Whatcha building?""We bought a rental house and I was fixing a safety hazard." (Concrete step at...
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I knew that there would be good years and bad years and maybe a bit of something in between. I own a 3 unit in Chicago and cashflow about 350/month/unit after PITI. I figured that would keep me pretty well set.
When ...
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I am partnering with a mentor on a home flip but his expertise is more on the contracting side than the financing side so I figured this would be a better place to ask.
The home isn't on the Mls, it's not even techni...
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I see a lot of beginners on BiggerPockets using the 1% rule to buy small multifamily products such as duplexes or quadplexes. I own and manage over 1,600 units, and I started out in the multifamily world by buying dup...
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Lessons Learned from Real Estate Market Frenzy
This is an observation of real estate market frenzies and lessons learned from the viewpoint of a third generation real estate investor, developer, property manager, and...
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I'm looking at a deal that is relatively close to home. I run a consulting business that makes my money but by nature has no passive to residual income component - thats a whole other discussion ;). I'm interested in ...
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After furnishing quite a few properties for short-term rentals, we generally have a pretty good sense of how much to budget for furnishing whenever we’re putting together a budget for new properties. Being able to bud...
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One of the most common posts observed in the forums is "I just settled on my 3rd section 8 rental and have a goal of reaching XYZ doors in 3 years, 5 years etc". Many arrive at this strategy through paid mentorship, w...