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I am certainly one of the bigger proponents of STR's, but I do think it is important to keep in mind that these are assets which require creativity, upkeep, costs, and a whole lot of TLC. With that said, I think it is...
Hello BiggerPockets, happy Sunday!So I joined last week and made my introduction. I was warmly welcomed into the community with positive and encouraging responses, which I thought was awesome.Many recommendations were...
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We are purchasing a property outside of Cincinnati, OH and have ran all the numbers - the investment looks solid with or without an addition. However, the homes in the immediate neighborhood are nearly 1000 sq.ft big...
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Should I simply call the banks to get a ball park on the rate and do my calculations with that estimated number or will I need to apply and get the rate available for investment properties at several banks? Won't the...
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Trying to calculate Cap rate for the primary residence I hold that I am trying to convert to a rental property.Here are the numbers:Original purchase price: $400KCurrent value: $600KCurrent loan amount: $300KPlanning ...
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Hello BP! So after a long time my family and I are finally in a position to buy our first investment property. I was looking at a duplex or triplex here in the Houston area to get things going with a house hack, but I...
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Hi guys, I am new investor that has been following Bigger Pockets and everyone that is talking real estate investing for the past 2 years. With that said, just this past May 2022 I have finally closed on my first ren...
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Can you guys please chime in? My wife is concerned that my goal of purchasing one home per year over the next few years will prevent us from buying our own home (currently renters) in a couple of years when we move ba...
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Hi Guys and Gals. Hoping you can point me in the right direction-many questions. I am wanting to buy 2 single family homes using a conventional loan or 2. The two homes will be in different states. My plan is to hold ...
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I'm currently looking into buying a duplex and the possibility of turning it into a triplex. It's in the Philadelphia area and I'm just curious on the proses and if anyone has had any experience with this before. Any ...