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I was reading a thread on here and someone brought up MIRR (Manager's Initial Rate of Return) in passing. What is this, what does it tell me, and how do I calculate it? Why do I want to know this?Thank you for any res...
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I'm excited, and ready to "pull the trigger" with MH investing! The only drawback is... Initial funds to get things going. At this point, I realize that saving is probably the only option. In keeping with what Robert ...
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How do you normally get the initial security deposit from a tenant? Getting ready to have tenants sign the lease in WA, is it okay to ask them to do a bank transfer before giving the keys after the lease is signed or ...
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First off, let me introduce myself. I was a member of this forum many moons ago. Life and priorities change. Now my wife and I are retired (we prefer to say "rewired") full time workampers and along with millions of o...
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I’m currently working on 58 unit BTR development project and seeking one or two private debt investors to help fund it. The location is prime—adjacent to a college that has experienced 37% population growth over the p...
Hello everyone, first, thank you ahead of time for reading this. I am a new REI and have decided to start my new career in long term holding rental properties instead of flipping, in pursuit of the financial freedom a...
Hello all,I'd really appreciate a few thoughts from this amazing community. I'm in need of some help on the best way to manage the rehab costs of a new property within a three-person LLC/partnership. This is the first...
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Hey everyone,I am analyzing my numbers on a triplex in New Jersey as a BRRR and may submit an offer this week. I would be obtaining a loan for the purchase price and paying cash for the repairs. After 6-12 months, I...
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I’ve just been approved for up to 200k fha and have found a 2 unit home that I plan to househack. The listing is for 185k and has everything I’m looking for In terms of location and amenities. This is my very first de...
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Second post. Learned a lot from the first post I did yesterday:). I put a house in a very good location under contract for 83K. Inspection revealed tons of major issues in the crawl space (flooding etc) and renovation...