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When I find a promising multi-unit rental property, I usually assume that 50% of the gross rents is what I'll have after operating expenses to pay my mortgage. The listing sheets have a breakdown of the operating expe...
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Most investors need supplies of some sort. (I shop at Home Depot because I can literally see it from my front yard.)But unfortunately, Home Depot doesn't carry everything.Where do you shop? What dumpster company are y...
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Thought this would be fun to expose some of the financials and situations of my current rental.I purchased a duplex in Gloucester City, NJ in July 2018; I've had it now for over a year.Here are the initial numbers:Pur...
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Hello Everyone,This is my first post on BP, as I just made my account a few moments ago, so please excuse me if my forum post is not formatted correctly.I am looking to buy my first rental property around July 2020, h...
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Should I find a new real estate agent?Small Multi family deals are hard to find in Atlanta, not seeing many deals that are even close to the 1% rule. I ran a property I was looking at through my spreadsheet that accou...
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I recently posted some questions regarding financial strategy involving car loan debt, student loand debt, mortgage debt and cash for new acquisitions.
There is a strong contingency of folks that claim you should nev...
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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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I love animals. Well; unless they are trying to hurt me - then I don't like them. But in general; I have had, and enjoyed having, pets. But now I do not have pets. I don't like the smell of them, I don't like cl...
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I came across a great article about an accountant who is also a real estate investor. He gives great advice on setting up your real estate investing business. I will have to read it over to really but some pieces t...