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This question is one I pose to anyone who has an opinion on the topic. Obviously we're all here because we like something about the idea of REI and passive income. As the process goes, we find a "good deal" in some ar...
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Hi guys!
I recently was given $10,000 from my grandma, as she has liquidated some of my Grandpas "toys" as he passed away a year ago. I have about 35k in student loans, with a relatively low interest rate (3-5%). I ...
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I don't want to announce the sky is falling and be a Debbie Downer, but in my opinion, now is NOT the time to be investing in real estate for rookie investors, especially flips. I keep seeing a lot of posts from newbi...
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Hi everyone.Its been quite a while since I last posted. I've been working on a few larger deals this past year along with my relocation to the Chicago area, so I've been super busy. But now I finally closed on my last...
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Hello BP! I've been a pro member for about 6 months now and am proud to announce that I have officially closed on my first deal - a duplex! The gameplan for this thread is to chronicle my progress through the rehab,...
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HELP OFFSET HIGH W2 INCOME! As the end of the year quickly approaches, I have maxed out my 401k and wife’s 401k and both IRAs. We have a primary residence and a Airbnb rental unit that we own and manage. We purchased ...
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I’m consistently asked if I am a “private” landlord, or whether or not I own the property. While I never volunteer the information, I don’t lie when asked. Why is it important to tenants to know if I own the place or ...
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All,I often see on here landlords that charge around $1,300 for rent but I personally don't know anyone who pays such high rent. If you have $1,300 rent why not buy? I know people usually say that they don't want to s...
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Hi guys, this one is for my OHIO investors/real estate people. What’s the deal with Ohio? I swear people are RAVING about Ohio, I can’t stop hearing Ohio and real estate in the same sentence LOL. The only thing I real...
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Remember that guy? He was on TV all the time. He talked about buying houses and making a fortune. He never talked about tenants, repairs, evictions, problems, etc. I wonder what happened to him. I know that Tom Vu wen...