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Curious to see how different people have done it. When you FIRST started, how did you acquire the funds to buy you first property? Mortgage? Savings from primary job? Inheritance?
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My subject pretty much describes my story. I describe it much more in depth in another thread I started in "starting up." I went from the underdog who was doing everything right at 19, quickly aquired more, bit off...
My wife and I are seeking out our first investment property, with the goal of acquiring a portfolio of cash flowing rentals for passive income. We purchased our current home (SFH) with an FHA in 2010, before we ha...
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Hello everyone,
I've been delving into real estate research and plan to continue to do so going forward; however, I'm wondering if my current goals are illogical. I want to use real-estate as a secondary income sourc...
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So, I really want to get involved in real estate investing, preferably buy and holds, but I love my job. What are some things I can do to, at minimum, start getting my foot in the door? I just graduated college this p...
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All - there is some great information on here regarding utilizing a maximum overfunded whole life insurance policy to then take a loan out and invest in rental properties. One question I can't seem to answer or grasp ...
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Has anyone on this forum had experience with this company? Paradigm Life claims to use Whole Life Insurance Policies as a financial tool and since i trust this community, I am reaching out to get some referrals.
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Here's a topic we don't see a lot about: is your CPA depreciating your rental property faster than the 27.5 year life of the structure by breaking out elements with a shorter life like flooring, roof, furnace, etc? Wh...
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I just bought my first 2 unit property- I am house hacking currently. How much money do you think I should save for reserves in case of an emergency or if work needs to be done? 5,000 a unit? more? less?Thanks guys!!
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Hello everyone and thank you for taking the time to read my post! My name is Toni and I am new to the real estate world. What brought me here? Well actually, I was a nursing student close to graduation when I had my b...