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On December 2, I closed on a 7 unit apartment building. When I made the offer, I saw a lot of things, but the two most common were disaster and potential. Due to the size of the place, the insane income numbers, and t...
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Hello friends. My wife and I live in Oregon and we want to buy our first rental, but the interest rates and the housing prices in Portland are very high. A 3-bedroom house starts at $450k. But I'm getting the feeling ...
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I have been thinking through housing, affordability, and the effect on what until the last few years have been dead markets. Any home with a decent commute to a decent market is not affordable.
Over the last few yea...
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(Disclaimer: I totally took the formatting of this post from another post by Anton Ivanov that I liked a year back!)
A Little Backstory
I am currently 30, married, no kids, living in Gilbert, AZ and working as a fin...
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Would anyone recommend taking on properties only as you can afford to buy them cash? Or is taking on debt in order to secure new properties recommended.Currently I do not like debt because of the obvious cost of borro...
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I'd like your opinion on a matter. Myself and 2 of my business partners/friends are first time home buyers looking to purchase in a hot market in CA. There is a house we like and offers were due yesterday. List pri...
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Hi guys!
I recently was given $10,000 from my grandma, as she has liquidated some of my Grandpas "toys" as he passed away a year ago. I have about 35k in student loans, with a relatively low interest rate (3-5%). I ...
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"So, how many properties do you own?"
I get this question almost every time I tell someone that I'm a real estate investor. Tenants and applicants ask the same question also. I generally respond with a smile and s...
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Hi Bigger Pockets members!I'm Ryan from Knoxville, TN. Short-time lurker, first time poster. I've been studying and learning about RE investing for many years, but just started my business in 2016 with a small ($90k) ...
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My mom had a stroke in April which has eliminated any possibility of her ever returning to her extremely stressful 7 job. She is still technically employed and earning an income while she still has sick hours, and she...