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Hi I don't know if this financially makes sense for my case. I want to house hack in LA specifically Monterey Park area. With PIMI + utilities + car payment, I would use my whole month of paycheck if I lived alone in ...
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After you have invested using your self-directed account, you might wonder about the next steps to take. Importantly, it's crucial to be aware that a lack of available cash in your Self-Directed account can expose you...
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I am 27 years old. I currently have 3 properties. 2 of the properties are long term rentals (1 SFH, 1 Duplex), and the other property is a primary residence. I have a high paying career and I have managed to keep my e...
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I am beginning to lower my personal expenses. So far, I have only gotten started by cutting a $97/month expense. I would like to cut more expenses. Would good could an extra $97/month do for my real estate business? A...
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I have heard from people on these boards that I can expect the operating expenses of the house I purchase to rent out would be about 50% of what I can get for it monthly. I could be misunderstanding it, but how is th...
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Just a question out of curiosity. I’m a novice investor trying to get good at the analysis report. My question is, Is it normal for expenses to go up when your house hacking ? Aren’t Expenses meant to decrease?
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Currently we are looking at a new Primary residence around $700k. Current primary appraises around $625k and I owe $100k on it. We currently have one significantly cheaper rental that has been working out well and has...
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Hello BP family I found three buildings it has 7 units 5 commercial 2 residential it gross $5200 a month he pay $800 in insurance, $250 in taxes no expense number. The owner is asking 350k he will owner finance I giv...
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I am located in the midwest (Wichita, Kansas) new to real estate investing and would like to have some feedback on the very first deal that I want to make an offer on. My goal is to buy a multifamily property and hou...
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Looking at a four-plex as my first multifamily venture. I have the rent roll and expenses for the past three years and have a question about an item in the expenses column. It's entitled "Inv. Fixed Asset" and is one ...