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My first post while riding the ripple of closing on my first investment propertyWhy?I followed the path I was taught since grammar school: go to school, get a job, live below your means, save your money, retire. While...
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Fellow BP-ers,I have been in the short term vacation rental and SF long term rental business for 10 years now, and am entering the multifamily side of REI in an effort to scale and expand my business. I have read a m...
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Hi all, I’m coming close to buying my first rental as an out of state STR. I have been in contact with a local property manager who charges 18% to manage the listings on their accounts (Airbnb, Vrbo, etc), take care o...
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I am looking to invest in the greater Baltimore area - probably two houses in the $200k - $300k range. I'm not looking to renovate or buy wholesale/foreclosure or any other discount option. I'm looking for a good deal...
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Hi everyone,
I am wondering how you guys are doing accounting and bookkeeping for your rentals, doing by yourself, hiring bookkeeper or hiring accountant? I am currently managing the bookkeeping and accounting mysel...
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I purchased a single family house in Montgomery, AL...on Ebay. The seller wasn't the original owner, he was reselling this property for someone else. After I transferred him the money for the property, he sent me a Wa...
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Hello,I'm new to the investor world and I want to get started on the right foot. I've lived in my 2BR/1.5B town home near the beach for 5 years. I owe 135K and my mortgage is 1100.00 per month. Through some research I...
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I will most likely move in with my fiance in a year or so & rent my condo out. With mortgage rates very low, I'm thinking of refinancing my condo in anticipation of this move.Currently my mortgage principal & ...
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Hello all! I'm looking for some feedback regarding my thoughts on how to acquire my next buy and hold property. I currently own 4 duplexes in Ames, IA, and after many years of expensive lessons, have finally turned th...
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Hey BP Community!
I’m currently on the hunt for my first investment property in Colorado, and I wanted to share my experience and hear from anyone who's been navigating the same market. Initially, my goal was to secu...