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Sorry in advance for a long post; I want to write a detailed post on how I got started in RE investing a few years ago, the lessons I learned along the way, and why I'm thinking about stopping now. I want to be as spe...
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I know the "50% rule" is bandied about as gospel here in the forums, but haven't seen any actual, hard data that says that operating expenses tend to be ~50% of gross rent income. I'd like to verify this number is, in...
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I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...
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Hi everyone! I am new here and still relatively new to renting my house out, even though I've been doing it for about 7 years now. I'm only on my second set of tenants.My question/situation is:I rent my old house. The...
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.... it has been CRAZY!When I recorded my podcast, I had just quit my job and started my journey as a full-time investor. The one question I get asked most about the podcast is how we were able to grow so fast. We d...
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I'm trying to figure out how I want to approach real estate, retirement, etc.My desire would be to build up about 3k-5k in relatively passive monthly income. Or at least, passive as it relates to my currently working ...
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How are landlords managing the impact of Coronavirus on a tenant's ability to pay rent? Due to quarantines, social distancing, etc., a lot of businesses, employees, and business owners are likely to have dramatically...
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I've been talking to a few people about this recently, but I would love to poll a larger group.For those of you who have invested out of state - which market did you decide to invest in, and why did you choose that ma...
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The area: Sandusky, OH 44870.The local economy: tied to the seasonal fluctuations of Cedar Point, an amusement park. Most major blue-collar jobs have left leaving a primarily services-based economy around Cedar Point ...
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The City of Boston recently enacted regulations that severely restrict property owners from renting out their homes by the night, unless the owner lives in the unit - a move aimed squarely at Airbnb.I don't have a dog...