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From what I understand there are four ways to make money from a rental property:
1) Cash flow - Pretty straightforward. Total money you receive as income is more than total expenses.
2) Appreciation - Increase in the...
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What type of policy do you all use for a rental property? Replacement cost or actual cash value? And why?
Also, how much do you pay monthly for insurance (I'm in Indiana)?
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Alright, I'm going to try this deal diary thing out. I'm one of those people who likes to have everything wrapped up so I can post a success story but this should be a fun process to go through so I'll bring you alon...
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Hello BP family! Hello how are you all doing? I hope all is going well with everyone. I'm writing to get advice about investing. I need to purchase a car (Nothing new a nice used one). I have 10k saved up. My questio...
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Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...
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Anyone willing to share some hidden gem markets for STR, MTR, and LTR? Would love to hear where you have been investing in and how well its been going!
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Hello All,I know this is a very common question, but I'm curious what people will say. We recently sold a duplex that was no longer a good investment and made about 160K off of it. I still have about 50K in student de...
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I’m curious what the community here has to say.
My dads in the car business and swears by leasing. I’m all about wealth building and assets and I think buying is the better option.
I’m currently torn between buying...
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Hello everyone,I am working with two painters at the moment. They are both giving me different prices for Painting and Prep work. They do not have a unified idea on what prepping would be. I'm tired of the back and fo...
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I get this feeling that when I look at properties on the internet there is no way to close on a good deal. Its seems tho as there is some sort of hidden deal making that goes on between when a Realtor is asked to sell...