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I am curious how many of you guys own your own home? I ask because my focus for the past several years has been paying off the mortgage. Now that I can see the light at the end of the tunnel I can feel comfortabl...
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I see that it is a common goal for Buy & Hold investors to own several rental properties. Wouldn't having multiple mortgages expose someone to an excessive amount of risk? Suppose there's a market crash, rental ra...
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I had been powering through bp podcasts and feeling my oats, so yesterday I went to an auction of a small trailer park just to see what it would go for. (I had previously seen it with the broker but they were asking t...
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Hello,I will try and keep this as short, but detailed as possible. My experience with RE is at best limited to the BP podcasts and a little reading material, as I have only decided a few months back, that I would like...
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I'm having a difficult time getting 1st lienholder to provide details (payoff) to us as we are 2nd lienholder. They don't know but we're about to foreclose. I know we are entitled to info but what should I provide &a...
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Hello All,I just received applications for our first tenants ever. They have passed all of our screens (criminal, credit, etc) and in general, I feel good about it. But there are some quirks:• It is 4 people total. A ...
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I could use some words of encouragement. For over 2 years, every moment I can steal away from family and my business, I look at homes to try and start my portfolio. Mainly looking for some to Brrrr at the moment. It s...
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Hi all, as I've been getting more into real estate investing, it's become quite clear that the US tax code favors business owners and real estate investors rather than W2 employees or self-employed business owners. On...
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I’m looking at a great deal in a not great neighborhood. Not great as in lower income, higher crime, and from what I can tell driving through, mostly African American neighborhood. Should I avoid this area all togethe...
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Hello everyone, I am curious if anyone has built a successful portfolio debt free. I am not arguing leverage vs debt, leverage wins everytime hands down, no argument here, I own a calculator, pencil and paper. My con...