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The S&P crushed it last year... So I think of it this way: Buy apartments, and use that passive income to grow your portfolio. Real Estate doesn't require you to trade your time for returns, like trading your time...
So I have a duplex, and am currently renovating our tenant side. The last 2 big projects are to refinish the oak floors in the living room/bedrooms, and we want to tile the kitchen and bathroom. We're hiring out a con...
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I have recently come across a strategy that would shave my mortgage from 30 years down to 10ish years. I would basically convert my mortgage into a first lien Heloc. A calculator to see if this strategy would work for...
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I'm posting in RE Success Stories but I really only have the first part done.Like many others around here, I had a hard time choosing what path of RE investing to go down. I ended up choosing the BRRRR strategy.My ne...
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I've been investing in real estate for 15-20 years. I used the infamous BRRRR method to purchase beat-up single-family homes and turn them into rental properties. With my background as a mortgage broker, I was able ...
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I see this metric of gross income should be 3x or 4x rent and cannot see how this can possibly be useful other than a preliminary "should I even bother looking at this app".
I think a more useful metric would...
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Hi Guys,
I have one million dollars in cash to invest in flipping homes. shall I flip a bigger number of small value houses or fewer bigger value houses? I.e. Shall I diversify more with less risk or focus my...
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Hello BP.I am looking to start out my investing career here in Broward, FL. My first investing is going to be a triplex, or fourplex. The only problem is that I always get negative cash flow on the properties I search...
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Oregon is considering a bill with state wide rent control. As landlords, this is obvious an issue incredibly important to our industry.Rent control creates ghettos. Rent control drives up the cost of housing. Rent co...
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Folks - I am a beginner real estate investor in NJ and one of my subject properties is a foreclosure. I used Frank Gallinelli's book What Every Real Estate Investor Needs to know about Cash flow on one of my subject p...