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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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I’m having a hard time on Deciding to take a job offer in Palo Alto My biggest hesitation is the average rent cost in Palo Alto being $4,200 for a 1 bedroom My personal non negotiable are not having a commute / living...
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Has anyone looked into installing solar power into investment properties? Is it possible to sell excess power to utility company and generate additional income?
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Hi! I was wondering how people go about buying out of state without knowing too much about the area? I am currently in AZ and want to buy in Texas, I know very minimal about the state, I know I would like to buy aroun...
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Hi BP,I have been an avid consumer of real estate books and podcasts produced by BP. Therefore, I really value the type of thinking common among our community members. This post is asking for general advice and strate...
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I’m 26 and have very little life, let alone real estate experience but I was able to buy my first single family home with my dad going in 25% in Southern California’s high desert.My dad owns one other home up there an...
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Do record expenses and organize receipts as they come in, at the end of the week or month? Currently, I am doing them in excel as they come in but this proves to eat up a lot of time, sporadically throughout the day.
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I'm curious how other investors are feeling about Houston and Texas markets.Currently in my small to medium size portfolio of 9 properties over 5 states, I'm most worried about my Houston and texas properties.#1 Had m...
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I have been working with the same realtor for about 6 months now and i am beginning to get a little aggravated. Every time i make an offer on a property she looks at me like im crazy and after the offer is submitted s...
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Oh man...my back is killing me...
What started as some basic advice to some guy who pm'd me turned into a small essay. So anyway who knows maybe some other people who are starting from scratch could benefit from this...