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I am 25 with 3 rentals and a home my father lives in.
My first two rentals are kind of "slummy" not a part of town I would live in, but not great.
Property #1 - I paid 12k for one and it rents for 300 (...
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Some may consider it a waste of the investment, but I have the "post 911 GI Bill" to use so I'll actually have my schooling 100% paid for while getting a housing allowance based on the expenses of the area.
If you ha...
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My husband and I currently own a STR property at a ski resort in New Hampshire. Last year was our first full year of owning the property and renting it out, and we think we did fairly well. We calculated our total yea...
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If you can pay off the mortgage on your first rental property should you? And is it a viable strategy to then use a HELOC on the (now paid off) rental to buy a second? I ask this because my wife and I dislike debt but...
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I have currently began using the Property Management Software Cozy and was wondering if anyone else that utilizes this software can help answer a few questions for me. What are the Pros and Cons with utilizing the sof...
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Hello,We have $890K of cash waiting in our 1031 exchange and we can't decide if we should buy properties for short-term or long-term rental. We live in Los Angeles. We are currently looking into multi unit properties ...
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savethe1031.orgThe 1031 is one of the bedrock's of investing. Why isn't a network platform here of over 600,000 members in one voice telling representatives that they do not want a change to the 1031?
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esteemed listmatesI have some friends who have a real estate problem - but don't know it. SITUATION:They have a great 3 bedroom house in San Rafael, with About $600-700k equity. Bought for around 900, worth at least 1...
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Neighbor down the street from me puts a "For Rent" sign in his yard. We look online - no MLS listing. Property up for rent by owner on Craigslist. I email the guy and ask him if he has considered selling his home. He ...
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Now its a year later & I have DEppreciation on 2 of them & negative cash flow on ALL of them although all 3 are rented!
I made the typical newbie mistakes of thinking prices would continue to rise & not ...