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Hi All,I'm about to purchase my first home with the intent to rent it out in due time. The cost of the home is 225k with 3.5% down. My monthly principal and interest is 1054.72, but when including hoa fees and the oth...
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I just finished Money: Master the Game by Tony Robbins. Great book! One part that really hit me in the book was the long-term opportunity cost of "little" splurges like regularly hitting Starbucks or eating out. Relat...
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I’m a newbie and just joined BiggerPockets as a Pro. I have practiced using the calculators and there are terms I don’t understand and don’t know where to find the data. Can someone point me to a training that explain...
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My wife and I are starting our STR journey. We are under contract on a new build and expect to close in next few months. My uncle (retired) is helping with down payment and such but will largely be silent. Cash invest...
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I recently received notification from Citizens that they would not be renewing my policy on a townhome I own. According to their letter the roof "has less than 3 years of remaining useful life, and no documentation su...
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Why wait? I want to start house hacking and living a life of financial independence by the summer of 2025. This gives me under a year to start looking for properties and building capital. I would love a few tips to ge...
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How much of your rental property cashflow should you live off of? For example, if I cashflow around $30k/month, how much of that should I ACTUALLY be spending on my lifestyle? What percentage should go towards my pers...
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Hello all, I currently plan on house-hacking my first property within the next year or as soon as I can. I will be moving to either Austin or San Antonio, depending on which is a better fit. I am currently working ove...
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I was hoping to poll those willing to share on your personal practices for keeping reserves as buy and hold investors. If you are willing to shed some light on your philosophy behind your practices that would be even ...
There is a type of loan I learned about from one of the BP Podcasts but I can't remember the name. It's an investment loan where the bank looks at the investors credit score and the cash flow of the property to determ...