Hello,
Since I started investing, I have allowed myself to be the recipient of many gurus and people trying to sell mentoring programs and other services aimed at newby investors. Some I have found very helpful, and ...
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Obviously a wise person would put away 6 months to 1 year of operating expenses for any property. Assuming that one did this, when following the 50% rule, is the property then labeled "self-sufficient?"
If this is t...
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I’ve been actively marketing and underwriting mobile home parks in NC for the past 6 months and have found a few viable opportunities. I’d like to run this one by the group to get feedback from experienced operators....
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I recently bought a 100-year-old rowhome in Philadelphia as part of an estate sale. My original goal was to fix and rent. It's detached - the city knocked down the home on one side in 2018 and a private individual kno...
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I was hoping to poll those willing to share on your personal practices for keeping reserves as buy and hold investors. If you are willing to shed some light on your philosophy behind your practices that would be even ...
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A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
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Looking to get going on some real estate so I can replace my wife's income and she can quit her job. Please poke holes in this strategy. We currently live in a 1000 sqft single family home that we pay a mortgage on. M...
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Hello everybody,
Our tenants all of a sudden decided that the house they rent from us and loved, is no good for them anymore, and after sharing with us that the floor (laminate) is still "bubbling" (after we fixed it...
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Some of you might have heard of the term Infinite Banking before. There are the naysayers like Suzy Orman or Dave Ramsey but it is a viable strategy for real estate investing. The strategy is simple, using a whole l...
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This seems to be a widely held mantra here. If you buy in a high appreciation market, you're not investing, you are speculating. That's not something I have ever heard here in Hawaii. Probably because it's not true...