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New to navigating the world of flipping and I'm in an extremely hot buyer's market. On the retail side of things, everything is overpriced and still disappearing like ice in a desert (fitting, since I'm in Tucson).How...
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I'm just jumping on the vinyl plank bandwagon for my rentals. Up until know I always went the cheap carpet route. A few quick questions for you guys who already use this product in your rentals. What has been your exp...
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My mom has an annuity w/ about 40k. She is telling me that is my inheritance. Its currently in a fixed annuity and can barely keep up w/ inflation. I want to use those funds for a deal. I am new to the self directed I...
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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I'm just curious as to how other people define 'overleveraged'? How much leverage is too much? I would be afraid to have a balloon loan or a one year arm. I would be afraid to use hard money. But I do have a 20 year a...
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I’m a long-term Bitcoin investor looking to purchase a new primary residence. Since I have no demonstrable income, and don’t want to liquidate my holdings due to tax implications, I was planning on getting a Bitcoin-b...
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When trying to complete your first fix/flip, do most new people use hard money or private lender?
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Hi Guys! My wife and I currently own 2 STR properties and sub-rent 2 apartments to STR BUT we don't currently don't have a home for ourselves and our 3 dogs. We were moving between the homes as they were not rented bu...
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Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
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I have been listening and reading about this “infinity banking concept” and found it really interesting. Anybody currently using this? Pros and cons?