Hello everyone! I consider myself a “starting out” real estate investor. I have 3 rental properties, have done a couple profitable flips, and also manage my grandfathers rental properties... just a little background. ...
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The urge to get into real estate pushed me to invest in a 6 unit building in a neighborhood that I didn't think was that bad. I thought, the cash flow could be good so why not. This was a year ago. Now, my PM is strug...
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Hello everyone, for the last year and a half I have been deeply considering and researching purchasing a vacation home. When I say that I mean, I want to buy a property and be able to visit there once in awhile, b...
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Hello BiggerPockets family!
My name is Patrick and I'm in Birmingham, Alabama.
I am new to all of this so any input would be appreciated. I figure just asking for help as a newbie isn't sufficient; so I developed a...
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Economic Update(Monday, November 16, 2020)
Last week, the stock market roared higher on the news that a highly effective Covid-19 vaccine appeared to be just on the horizon. That was great news, but there’s still ...
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Economic Update
(Monday, January 25, 2021)
There aren’t many people—apart from, say, Elon Musk—who are going to look back fondly on 2020. It was a year of illness, pain, uncertainty, an...
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I am at a crossroads and need some advice.
My goal is to have enough income from my rentals to quit my job and manage full time. I think I am about 7-10 more houses away from acheiving this goal. Currently I have 9 re...
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So I just ran the numbers on a potential rehab property. Purchase = $310,000. Rehab = $80,000. ARV = $499,000.My profits before realtors commissions = $71,585. After deducting $29,940 of commissions, profits = $41,645...
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Hi all,First, I just wanted to say thank you to everyone who contributes to this forum. I'm learning tons here and all you fine folk make this a great resource!Now, I'm curious what people think about (minor) negative...