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As a newbie in REI listening taking in all the info possible there is a lot said about not using your own money, zero down, OPM, private money, HML...ect. Also the debate about know and get financing first to know you...
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Hi, I recently bought a SFR with a detached garage. The plan is to convert the garage to a rentable ADU. I am in the stage of finalizing the plans before sending over to the city.I am contemplating either a 1Bed1Bath ...
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I was reflecting on some of the initial impressions people have about multifamily syndications today, which prompted me to dig a bit deeper into the ‘why’ behind comments I’ve seen on message boards & social media...
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Hello! I found BiggerPockets about 2 weeks ago and have been hooked on the podcasts. Three years ago, I landed a job that allows me to actually save money each month rather than living month to month. Prior to that I ...
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Hello everyone. My name is Eldon Bailey. I'm actually a returning member. I would like to tell you about myself.
I am retired from the U.S. Air Force (active duty) but currently work the DoD, as a civilian. My w...
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hi all:I'm currently an investor in Chicago, still a newbie, owning two multi-unit properties. I'm looking to purchase my 3rd long-term buy and hold property, but I'm leaning towards looking for somewhere outside Chic...
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Hello all,So I have a Good problem I guess, but that does not make easier to decide where to go. I was (am) a Dave Ramsey fan & spent a few years paying down our house AND a 5 unit Multi-use building. I now beli...
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Hi All, I'm taking the plunge and have made the decision to become a RE agent. I would like to use it as a jumping off point into REI, by learning the industry, making some money and doing some networking. Eventually...
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Shoot it is expensive to have someone come in and refinish floors. I never had to get a quote before and I had a GC come in today and check out my plans. He actually told me to scale back a bit and not renovate as m...
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Hi BP Fam!So the rule of thumb I hear is to have the tenants gross income equal or greater than three times the rent rate. Just to clarify, If I have a boyfriend and girlfriend, sisters, friends, whomever renting my u...