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Hey everyone,Recently moved to the Twin Cities late last year (St Louis Park) and am new to REI. Just getting started on reading, listening to the BP podcasts and looking to attend a local REIA/other meet-up (suggest...
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I house hack and have two multifamily properties out of state. I'm on track to buying two more by the third/fourth quarter of this year.Although I don't have a lot of expenses, I want to get more organized as I expand...
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What would be your investment strategy to scale the quickest and why? Choice 1: Smaller and "more affordable" market. Purchase 2-3 properties cash and renovate each property to have ~120K equity in each to rent an...
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Hello,I was curious to know how investors pay for expenses on their rentals such as rehab expenses. Is credit card the preferred method? If so, what cards would you recommend? I looked online and saw that business cre...
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Debating on what to do with my current primary home as a job is taking us out of state. I currently own a home in Seattle (Queen Anne) that has appreciated roughly $1M since we purchased it nearly 9-years-ago. After t...
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I have a 3BD with great tenants that have lived there for the last three years. They wanted to stay past the original lease-end date of 6/30/24 through end of summer, so I told them they could go month-to-month throu...
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So I have a property that we purchase in 2013 for $195k that we lived in until 2017 and then turned into a rental. We took out a HELOC and used that to purchase rental #2. Then earlier this year we refinanced it, paid...
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I want to buy cash first to simplify and expedite a purchase then take out a loan if need be for rehab(depending on final agreed price & rehab). The idea doesn't sound like it would be anything different from a le...
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I'm a BRRRR investor with SFRs, but I'm seeing a lot of old buildings built around 1900 that are vacant, structurally sound, already have utilities, and are dirt cheap. I'm seeing these in the small towns that are fr...
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I've agreed to terms to buy a six unit MF property in Rhode Island. My realtor is suggesting we get a lawyer to draft up the P&S. I'm fine with it but is this common for that type of property?