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Greetings everyone,I closed on my first property (tenanted) on 2/18/2016. I'm both excited and nervous. I'm excited at the prospect of building wealth through real estate. I'm a little nervous about the risk. The inve...
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Hello, my name is Loren Odegard and I wanted to introduce myself. I live in Wyoming and am a new investor looking to buy my first deal. I listen to a lot of BP podcasts and Webinars and I believe I have narrowed my hu...
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Hi,
I am a newbie here and looking to invest in Cleveland, OH. The videos from @James Wise were amazing in getting me excited about the prospects. I wanted to hear from investors in this area (if you don't mind shari...
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A developer currently has a ~8.5 acre parcel under contract that mine and 3 neighbors share a boundary with. He is interested in buying us out to develop independent living homes for senior citizens. How do I begin to...
Hello, two of my brothers, my Dad and I just closed on a 30 acre corner lot that sits on two state routes. There is a small town a mile down the road as well as a pretty big factory.So what we have is a restaurant tha...
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Bigger Pockets Community,TL:DR - buy now or wait to accumulate bigger safety net.Two fresh real-estate investors to-be would greatly appreciate your feedback. My roommate and I are fresh college grads who are going to...
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I am pretty much sure this discussion is going to be killed by our overlords here in BiggerPockets due to its controversial nature. I used to like BiggerPockets. I used to log in regularly and comment on posts wheneve...
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I bought a condo in Laguna Niguel CA in December 2009 (7+years ago). I lived there one year then bought a bigger home with my new wife. I continued to own and rent the condo. Cash flow in coastal CA is very hard to...
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I'm brand new at this but it seems that using a percentage of the rent to set aside for CapEx doesn't seem to make sense. Let's assume I buy two different 1,500 square foot houses and one rents for $2,000 per month a...
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Would you consider buy and hold real estate a business or an investment? If yes, why? If no, why?
Thanks,
Maurice