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My name is Ami and I have made a pretty big mess of things. Here are some details of my life:- Sales Manager of a sales team in the IT universe earning about $85k/yr- Wife has an office job paying her $60k/yr- We owe...
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A recent post on BiggerPockets indicated the imposition of a new $500 per day fine in California for using potable water for ANYTHING but regular in-house use. No one at all commented on this. This is a serious statem...
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I want to get some feedback on an investment strategy I used in 2003-2005 that I call the "pre-construction flip". It works like this:Identify high appreciating markets (greater than 12% annual)Identify home builders...
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Hey guys, I wanted to share another great story on a property we closed earlier this year.As I’ve shared in previous posts, I have been partnering with other people to acquire more rental properties in Canada.I believ...
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We have a progressive tax system in this country that supposedly taxes the "rich" more than common folks. I was wondering at what point someone magically becomes rich and should shoulder the burden of carrying others...
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Welcome to our "Question of the Week"! We have all likely looked at, or even bought a fair amount of real estate in your career. Despite all that, we all have that property type that would be our dream. Do you own it?...
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It's the end of the year and I am considering investing in a rental property as a first-time owner, who already owns a primary home. However, I am also thinking about whether I should max out my 401k like I did this y...
hello everyone,I am about a year away from graduating school down in southern MA and am currently saving every dollar that I can to start my investing journey with a bang! My parents and I are investing in the Fall Ri...
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My lease is up March 2020, I’m prepared to purchase but looking for input. I have 2 options: A. Buy a townhome in my current area (Naperville, fairly affluent suburb near Chicago with great schools) or B. Buy a small ...
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This might be an interesting topic born from another thread.
When is buying or operating in real estate a speculative venture and when are you investing? How do you define speculating and investing, what's the differ...