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Hi everyone!After a lot of learning & reading I've made my first offer on a 4 family building in Brooklyn, here are the numbers:Price: 1.28M (FHA 3.5% downpayment = 44.8k, closing costs = 32k -> total money dow...
Hello Everyone,
First, sorry about the lenth of this post...I'm pretty upset with the situation and wanted to get it off my chest.
Long time reader, first time poster. I have a couple rental properti...
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So I have successfully invested in other markets alongside my father and connections I have found to grow around 200k before Im 17 years old. I am heavily invested in index funds and long-term stock investments which ...
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I came across a new idea in the real estate space that’s worth discussing. It’s not about buying whole properties or even shares in a REIT, but instead purchasing rights to the income a property generates.
Here’s how...
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It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
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Purchased a fixer and someone offered me $15,000 more to buy it as is. Since I just closed on the property - how can we get around FHA's 90 day seasoning requirement.
I just did this on another property - bought an...
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In reviewing past threads, I admit being sent into a mild panic over this 50% percent rule of thumb, despite the fact that I am experienced and currently own and operate 41 units... single family and duplexes with ...
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So I am quite interested in buying my first sect storage units. What are the best steps? Is it like SFH, you first find a market, then a team and then a deal?I’m having a hard time finding any self storages for sale y...
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I'm totally prepared to get my ass grilled based on the title of this thread but that's fine. Please share your honest opinions. Here is the situation:
- I'm a complete car nut. I spend a lot of my free time research...