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It's been a topic mentioned extensively on the forums, podcast, blog, and in our webinars. EVERYONE seems to want to quit their job with real estate. We know it's possible, we've seen it done. What we don't have is ...
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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I'm 28 years old and I made my first residential property purchase in April 2019. The home is a 3bd/2ba, 2300sqft purchased for $417k. Location is great. This home was purchase originally** as my primary residence. A ...
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This flies in the face of everything that we have ever learned about retirement accounts. So I want to start this by stating that it is stupid for 99% of the people out there to cash out retirement accounts but I wou...
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Hello Bigger Pockets!My main question is how much money do you leave in your rentals? I've got one rental property worth $280k, about 60% LTV (115k in equity). I just closed on my first "Live in Flip" and I'm moving i...
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Last week we hit our investment goal of $35k a month gross rental income. We bought our first investment property in August 2011 and the vast majority of our growth has happened in the past 10 months. We (my husband...
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Hi all, I've been saving up to buy an apartment in NYC where I live and work, but have decided to put the money to better use to invest in rental properties out of state. Complete newbie in real estate investing, and ...
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I am planning to buy a multifamily building/complex of around 4 to 25 units with in next few months. So far I have a few Single family and townhouses and have a good experience of managing them. Any advice on BEST CIT...
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I have been wholesaling up until now using my name on the purchase and sale contracts. But I have been closing them regularly enough that I think its time to consider setting up an LLC.
Typically how long doe...
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Hi! I'm pretty new to the forums, so I thought I'd introduce myself and see what happens. My names JT Marting, and I've been interested in F.I.R.E. community for a few years now. After spending a year or so learning h...