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Hey BP family!I wanted to get you guys' input on what your thoughts are investing in a rental property across the country. For example, I live in the Bay area and there is no way I can invest in a property around here...
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Me: 2-4 units (including multiple houses on 1 lot)
Location: SF Bay Area; Richmond, Oakland
Why?
1) 30yr fixed rate financing. I plan on owning the "fix and hold" properties I buy for AT LEAST...
Someone just told me that their 401k just sits there. It doesn't send them a check every month. Sure, they said, they get a growing amount (as long as the stock market doesn't crash) but when I saw their numbers, it w...
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During the crash I was fortunate to be able to purchase 9 rental properties between 2008 and 2012 at incredible low prices. I am now 60+ years old and replacing toilets, climbing on ladders is getting old. I am try...
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Just curious if anyone here has gone through the process yet. Everything that I have read thus far states that loan forbearance payments will be due as a lump sump at the end of 30, 60, or 90 days. In other words, you...
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Im looking to buy a property for short term rental in Kissimmee area. I was planning to fly in there soon, but due to covid my plans keep getting delayed. My realtor there told me some people out of country have bough...
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This past week when checking on something in the attic of one of our active rehabs, our handyman gave us a call explaining how he had found some pretty disturbing items. When he had been in there a month prior, the pl...
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My secret mentor hit me with an honest curveball!SDIRA Consultants, SDIRA Holders, Real-Estate Tax CPA’s, Attorneys, Chime in:First - my secret mentor is my attorney which sounds odd seeing that we have two differen...
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AirBnB Income CalculationsStarting out in 2018 I rented out rooms in my house. I got continuous traffic, albeit small potatoes, but besides the joy of meeting interesting people and hosting, the greatest benefit was 5...
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In much of the research I have done I have been struggling to find rental properties that are going to be able to cash flow well in this economy. I am looking at investing for the long term and am okay with getting in...