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How would you invest in your first rental property if you had $10K? I am going to get a personal loan so that I can get started. I want to buy and hold. I live in MA. I could house-hack first and do it through FHA and...
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I watch what the other countries are doing to address the government debt and I know that is coming our way. I want to be prepared.
Callapsed stock markets,devalued currency, and higher taxes are just a few thoughts...
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Hello BP! I've been a pro member for about 6 months now and am proud to announce that I have officially closed on my first deal - a duplex! The gameplan for this thread is to chronicle my progress through the rehab,...
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I allowed a tenant to have pets (3 small dogs), with a pet deposit of $300. He was the first tenant in a newly renovated unit with refinished wood floors. After several visits in which I found feces on the floor, a gr...
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And Obama just vetoed a bill that would make it easier for banks to foreclose. Can anyone out there tell me a story about someone that has been paying there mortgage and was accidentally foreclosed on?????? ...
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My parents and my in-laws recently gave us $150k each. We don't really need their money so now we have $300k extra in cash. I'm thinking of investing for cash flow to supplement their monthly income. I plan to t...
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I learned about Gobundance through a couple of the podcasts on BP. They also have a program for individuals with < 1 mil net worth called M1 or march to a million. I am considering joining at 300/ month. Here is w...
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What are some lessons y'all have learned from your rentals that you think nobody should make? Best things to put in your leases?
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First of all, I'm not a rookie, but I behaved like one, and I write this post as more of a cautionary tale rather than an attempt to seek advice. I know I should have done more due diligence, and I know what my optio...
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DISCLAIMER: I'm not asking for a mentor here but for an advice on how to find one!Hi all, very first post here but a long time reader. Please bear with me...I live in Brooklyn, NY, I'm in my late thirties and I've al...