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I’m currently paying 3k/month for a one bedroom apartment in the Bay Area. I’m seeking advice on what would be a better investment option/smarter financial decision: to buy a home in the Bay Area, or to continue renti...
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My 12 year old son closed on his first rental property last month - and now he wants to buy another. I think every parent wants to teach their kids about finance, and my wife and I like others, have struggled with how...
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I've been researching REI'ing for the past 6 months and I have yet to purchase a property. I live in New Jersey where property values and property taxes are very high. I don't have any construction experience, so I ...
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We are getting a lot of new members - many of which haven't uploaded pics yet, meaning post after post of stock icons! PLEASE, take a minute and upload your pic - If you just don't want your personal pic online for...
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As we all know it’s possible to obtain the 10 30yr fixed rate mortgages, which in my personal opinion is almost non negotiable and is my main focus.So with that said, my plan is to get 10 quality B+ SFR properties in ...
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I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...
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I realized in February of 2011 that my ladder was leaning against the wrong financial building. Sooooo, I started to use my savings, refinancing my personal home, and taking out my IRA’s and 401K money through the cou...
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Hey everyone, I'm fairly new here. I signed up at some point last year, but I can't even remember when. Can't remember if I introduced myself.Anyhow, I haven't really delved into this too seriously, probably because I...
A couple disclaimers before I start:If you look through my profile and previous posts, you'll see that I am young (just turned 22), and also may believe I don't have the right mindset or maturity yet to start REI. Thi...
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Like many other real estate investor, I seek to buy and hold real estate, and enjoy the cash flow and any possible appreciation. However, since my target properties are lower end properties that often requires rehab...