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Hi BP members,Hope all is well.I have been managing my own expense report and am stuck on what I feel like is either obvious or I am just oblivious to it. In my expense report, I include 5% maintenance fee for any fu...
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Thanks in advance! I am super a newb.
I have found a duplex for $230k. If I bought it I would put 20% down. I could rent both sides sides for $1000.
That does not meet the 1% rule correct?
$2000/$230000 = .9%
The ...
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Well here we are closing today on our First BRRRR. We got it for $72,000 and it needs approx $25,000 worth of renovation and we think it will rent for $950.00 for each 2 bedroom i bath and garage. This is our 3rd d...
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Hello everyone! Finishing up my first flip and will come out with about a $35K to $40K profit. I'm looking to invest that money in the smartest way possible so I can continue to fund future investments and hopefully...
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Is anyone renting out their rental's driveway or side yard to someone who doesn't live in your rental? I'm looking for real stories of how parking space is converted into cash flow. What are the downsides to this? Wha...
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I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
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So this may be a long winded question, but I am in need of some life advice.I am an 20 year old real estate investor with one duplex. My W-2 is an electrician and I own a window cleaning company that I started about t...
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Hello BP community, I'm based in Chicago, Cook country I have deal that is not on MLS owner have clear title and apartment is paid off, I check owner properties tax was not paid for 2015.I think ether he forgot or hav...
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I know it's a million dollar question, but could one show a real-life example of a good deal in the bay area? The reason I am asking is that I've been scourging redfin and zillow for Bay Area properties and I cannot f...
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Since pursuing real estate investing requires self motivation, persistence and drive, I'm curious as to what your typical day is like. Are you on your computer most of the time or do you find yourself out and about ne...