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Economic Update
(Monday, August 31, 2020)
The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the good news for real estate...
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Hi All, I’m new to the whole real estate game (down town Chicago). I found out that my rent was the same as a mortgage, so last year I made the switch. I purchased a fixer upper, moved in, and did the work myself. Now...
Hello friends, I'm brand new to real estate investing. Based on my research, Promissory notes seem to be a good passive income with around 10 - 15% returns. Here are some of the websites, that I've researched so far: ...
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Hi everyone, I'm currently looking for towns in MA where I can find good cash flowing multi families. I'm currently looking at Worcester, New Bedford, Fall River, and Wareham. The latter three I'm not really that in...
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Alright, first real post so go hard on me and looking for your expert opinion to punch holes in this strategy. A quick summary of myself, I'm a new investor and been in the O&G corporate world all of my life (10-y...
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Hello fellow REI just asking opinions of members regarding the pluses and minuses for a first rental property. I have been able to save around 25k cash in the bank with no debt to my name and minimal life expenses (li...
I want to buy a house 2.5 hours from my duty station. I watched my mom travel 3 hours to and from work (6 hours round trip) when ahe worked in NY and she wanted us to go to a good school in NJ so this is normal to me....
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So our last deal, it didn't even hit me because the seller just crashed with a family member after the closing...But, I've been under contract for a month on a great off-market BRRRR deal. The woman had lived there fo...
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I have been listening to podcasts and youtubes and I keep hearing people say that investors should not own their own home, they should rent. Can someone please explain the logic behind this. I have 55% equity in my ...
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I know this may be a weird question to ask on a real estate forum (Im thinking the vast majority of responses will be pro real estate), but I wanted to get some different perspectives from the BP community. I current...