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Most personal finance pundits will tell you that if a purchase does not produce income and depreciates, it's bad debt. They'll also tell you that you should avoid bad debt wherever possible, buying things like cars up...
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Opinion on re-finance terms:
Im currently at 3.625% with about 26 years left on a 30 year fixed.
I was offered 2.8% 30 year fixed on a VA IRRRL refinance. Loan would
re-set to 30 years, but principle and intere...
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Hi Everyone,
I just finished reading one of the rich dad/poor dad books and I can say that I am sold on RK's ideas. I realized that working for someone else will never get me to the point I want to be at in life. I k...
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I typically look for the 1% rule based on ARV and an all-in investment of less than 75% ARV. Those are the most important metrics to me. What about you?
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Hello RE friends,
In an effort to move beyond theory (e.g. reading, speculating, postulating) and into practice there was a need to invest in a commodity.
Commerical paper doesn't seem as interesting because it's ...
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I would love to hear comments and suggestions and creative counter offers on the following owner financing deal-6 unit (possible 7th) multi-family property in an older part of community. Old, not run down or "the hood...
What is the downside to purchasing a multi unit (28 units) building (currently approx 90+% rented), if rates rise, and the economy slows? I heard on podcast 3 that the guest lost millions in the 2008 downturn. I am g...
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I have many posts and blogs about my extreme dislike for Income Taxes. I've been working on last years' return and I may end up paying something. That is very frustrating and I committ to work harder in the future to ...
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Hi all, I recently moved to Las Vegas. Currently in market for a primary residence but also looking to buy SFH rentals in the coming months and finally start my real estate investing journey here. Do any of you local ...
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Our Question of the Week is again about data. You don't need an economics degree to see that rates and values are rapidly increasing.Read our data expert @Dave Meyer's take on it here" https://www.biggerpockets.com/.....