I know the debate on leveraging has been raging for quite a while on this forum and there are several people who are pro leverage (Rich, Will, JScott) as long as it is used responsibly and there are others that talk a...
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I have never bought a house. I want to house hack using a 5% conventional loan. The triplex I'm looking at is listed at 130,000. Its in pretty decent shape other than some cleanup and foundation issues.
The 3 sty ho...
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I’ve seen many posts here on BP that mention training your tenants. Although I seen tips here and there, I haven’t seen any training doc or lists. Since I just closed on my first unit (yay!), with inherited tenants...
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My husband and I are trying to decide whether or not to pay off our first (and only) STR in Palm Desert. We bought a 1 bedroom condo in July 2024. November has been our only cash flowing month (barely), but we anticpa...
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After reading through BP's "How to Invest in Real Estate" I decided to run the numbers on purchasing a rental. In fact, it's the townhome I rent right now in the Rice Military area. However the numbers just don't add ...
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Hi All, I’m new to the whole real estate game (down town Chicago). I found out that my rent was the same as a mortgage, so last year I made the switch. I purchased a fixer upper, moved in, and did the work myself. Now...
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Here are the few NPNs I was looking at purchasing:1st Note:State: IllinoisAsking Price: $1,750Balance: $62,724BPO: $13,200Delinquent Taxes: $7,8672nd Note:State: IndianaAsking Price: $2,000Balance: $56,603BPO: $18,000...
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On a recent Bigger Pockets Podcast episode (link above) the guest discussed the idea of investing for equity and not cash flow. Unless I missed it throughout the episode, I do not recall them ever discussing how you c...
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Good Morning,So I have always dreamed of getting a duplex as my first house and to house hack to get my foot in the door in real estate investing. My goal was simple: house hack, and after a year browse to hopefully r...
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I'm exceedingly excited to join this community and learn all I can. Unfortunately, I find myself already a bit overwhelmed. My initial goal is to learn what I can in order to set the ground work for making my first in...