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Hi, I'm a new landlord renting out my townhouse and I've just provided my first tenants with their accounting of the security deposit. The tenants are upset because of the amount I've withheld. Here are the basic fa...
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This will be a long post so I apologize in advance, but I want to make sure to get all the details in as not to miss anything.My wife and I found a house we both like and want to purchase it. (I am a Realor in Greenvi...
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Hello everyone,
I was wondering what most of you real estate investors would consider the "ideal" number of properties to be able to quit your job and live comfortably without having the NEED to pick up another prope...
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Our tenant beat us for about $8K due to not being able to evict her during Covid. We were recently able to extract her at the end of her lease. She skipped out without leaving a forwarding address although she is se...
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FYI. I am new here and don't have any experience with Buy and Hold investing.
I have a question regarding the 50% rule. I understand that this is a general rule of thumb when determining a properties feasibil...
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Hi - can somebody please explain why the mortgage expense is removed from the NOI when calculating the Cap rate? A mortgage pmt is a monthly expense, so if you account for it when you determine your NOI, why is it re...
I have a guy who responded to my ad who said that he would like to be my Real Estate Mentor. He told me he is a 50 year old millionaire from CA and he has fourteen students. He usually has one student in every area an...
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Good day all!I have been on the site for some time now and finally worked up the courage to make the introduction post. I have talked to other members and asked for help and it’s been tremendously helpful!Long term ge...
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Hey, My name is drae, I'm 24, and I live in Austin TX. After watching a rich dad poor dad video I decided it was best I focus on investing in real estate asap. I was wondering how much money should I save up as a down...