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I am currently living and going to school in Columbia, SC. I am looking for a single-family home or a duplex with positive cashflow for my first property. Something I can buy and hold. Once I get the hang of it I w...
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Hi allI've very recently purchased my first rental property. It is a small 5 bedroom single family house located in Minnesota. The house was actually built in 1870, but is in very good condition. One thing I'm worr...
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Hello all, I'm from AB Canada and looking to do long distance BRRRRs in the US. (I've done 4 local flips/developments.) I'm not married to a particular market yet, though I'm looking at Midwest or Southern states that...
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Hi everyone,
I'm trying to get a sense of where I should start my RE investing career. I'm interested in New York due to my proximity, and Florida since I have family and a few friends that live in the Miami and Fo...
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Hello everyone! Amidst these uncertain times I’m assessing my savings and investment plan and strategy. I joined the workforce almost two years ago at a company that does 401k matching 50¢ to every $1 up to the federa...
Greetings BP Family,I am new to REI.I am 29 years old, I will begin with that I am blessed to have a solid career earning 110k annually. I am not looking to change my career. I was also lucky enough to have bought my ...
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Evening professionalsNeed some answers! I purchaced a primary residence on 2004 at the high of bubble for 385,000 in RI. We put down 80,000 down payment and financed 305,000. 2 yrs later we got a 2nd mortgage out arou...
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Let's assume:1) I have a quality tenant who pays rent on time2) PM responds promptly to my emails/calls3) I live far from property so cannot drive by for first-hand look at property myself4) I do not gather feedback d...
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Having been around since the very early 80's, I've seen a few real estate cycles. I'll freely admit that I did not foresee the extent of the recent collapse. I saw a decline/correction coming, beginning in 2003 - wh...
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New to the forum and until last week-end had never heard of Self-Directed IRA. That being said, here's my story:A friend and I both have kids attending college in the fall. We've decided that we would save some money ...