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I have been lurking here for several years. I have been wanting to create an additional revenue stream for my wife and I. I believe it would get us a step closer to financial freedom. I would love to be able to tra...
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I own 10 properties in Southern California area. All my properties pay my mortgages on all homes and break even. In all my homes I have about 1.7 million equity. The problem is I can’t touch any of the equity. Recentl...
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This might also be a bit of a personal finance question as well but wanted advice. Is there a set amount I should have in reserves to feel comfortable in case something catastrophic happens? I'm a bit paranoid so righ...
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Over a year ago, I was living in San Diego, California thinking about my next move to earn "passive income" with. I threw a dart at a map. Just kidding! After much thought and research (about 3 months of contempla...
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Main Questions: What does it mean to "breakeven" when renting out a room in your property? Is it worth it to invest in your own property in an expensive city like NYC? Or do you think one should focus on "real investi...
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Hi all,I have just begun to try and stick with the 3x rent salary. Do you ever stray? I have a nice single mom applicant, works 30-35 hours/week at $17 hour, gets $400 month in child support and still isn’t close to 3...
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Looks like it's about 1K per transaction, but the 45 day limit of getting something under contract seems really unrealistic, almost pushing people to buy the first crappy deal. It takes time to find deals and since yo...
Quite often I hear people talk of seller financing as more of a last ditch resort when disposing of property that one might not be able to sell any other way. I'm sure that many of you have come across these kind of ...
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All,I am interested in going into a large deal (16+ units) opposed to a small MFA deal. How can a young, eager minded individual like myself get into these market deals when my capital is less than 100k? Is this even ...
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I have $50k in cash set for investing in real estate. I want to get into the world of real estate investing to use leverage to not only generate cashflow, but also have others paying my mortgage building equity, but a...