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Hi guys and gals,
Just an interesting read I ran into. Thought I share...
http://www.marketwatch.com/story/should-you-pay-off-your-mortgage-2013-08-14?link=MW_popular
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I think ROE is the best metric for benchmarking a rental you've had a while. I have a rental in Nashville with a 3% ROE because it's tripled in value in 7 years. That seems really low.So as I look for a replacement pr...
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I am new to Bigger Pockets but I have had quite a bit of experience in 4 1/2 years. Dropped out of college at 20 and bought one unit with 20% down in 2010. After that it was a snowball effect and I dove in head first....
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About me: 47, family, did well in my small-business life for 20+ years, up until about 2019...grrrrrr. Luckily have a decent nest egg, barring major depression scenarios, I think I'll be 'ok' with a a few lifestyle cu...
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I won't go into all of the details because I would have to write a book to explain everything, but a quick background: I bought 3 duplexes in Cleveland last year, hired a PM company (Northpoint Asset Management - avoi...
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I am a young professional currently renting in a very expensive part of Southern California. I am hesitant to buy a home in my area because they are very overpriced ($700k for a small 3BR townhouse) and I have been s...
Was up early a few weeks ago listening to a radio show about RE investing. It was Bob Diamond. Somewhere along the way, I called their number to get their free audio cd's and book. Ive been listening to the cd's on...
When I began investing out of state, primarily in Austin and Dallas, I hired property managers to help manage my SFR properties.When investing in SFRs, you're dealing with very small numbers. For this reason, (1) und...
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I am considering trying to refi a property. The reason for this would be to buy more real estate. However I think we may be at the top of the market and I am concerned that there could be no equity in it if there is...
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I am in the process of buying 3 duplexes that are undervalued because of rents. They are renting for $800-850. Market rents for this size in this neighborhood. should be 1100-1200. Once you purchase how do you rais...