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Hi all! I am a complete newbie to the real estate investing market, but am very excited to get started! I currently work and reside in central NJ, and this is where me and my partners (my husband and brother-in-law...
Hi BP members.I am eager to start investing in multifamily homes as buy and holds for rental income. I did cosign on my mother's home after parents divorce while I was still a college student. However, I've never par...
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My Uncle used to flip houses and he was very successful at it so I usually take his advice seriously. However, he said something to me recently, that just didn’t make sense. He told me that I should never pay off my...
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About a year ago my wife and I decided that we were tired of working all the time and want to move more toward financial freedom. We were 115k in debt and not saving alot of money. We also were having our 2nd child an...
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Hi Everyone - I've just become a member of BiggerPockets and super excited to be here!
Keeping this concise - My girlfriend and I are looking to begin our STR investment journey together, but aren't sure where to st...
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So, I’m currently looking for SFH and would eventually like to venture further into MFH, I currently have a duplex, but I’m trying to educate myself further on MFH before I really get active with it. That being said a...
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I typically view the rehab cost as a separate bucket as my downpayment. For COC I typically look at how much I put down, and then divide my net returns against that downpayment. I don't include the rehab costs as I...
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Hello, Im 18 and a recent college dropout. College was definitely not for me and I have started soul searching and reading many books. I plan to work 60-70 hours a week at a restaurant for the next two years as well a...
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I need some advise please. Quick history - i bought a sf in 08, sold in 22 - used proceeds to buy a duplex at 70% ARV with a commercial lender under my newly acquired LLC. My rate is 5% fixed for 5 years. I have a nic...
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Over the past year plus, multifamily has endured some difficult blows. Most would agree the top three are interest rates, taxes and insurance. Breaking these three down on the direct impact they have had on multifamil...