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Would any of you guys recommend installing solar panels to BRRRR? I would also include the electricity in the rent bill if the proper offset is there. Reason I ask is because I installed solar panels in my primary res...
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Why have you not sold, refinanced, or 1031 exchanged your pricey RE for more cash flow? I did and went from $50,000 cash flow to my current $120,000 cash flow and in 2 months moving to $160,000 cash flow. Would you h...
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What are the pros and cons?I have bought them within the last year. I could probably pay off both in 3 years or so and would gross about $3,000 per month in rent at that point.Are there reason NOT to do this? $3,000...
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Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
I want to make sure when I'm buying rental properties, that they can remain profitable in any market. I ignore the possibility of the value of the property increasing, I only am going to make decisions based on payin...
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In today's New York Times: Remote Appraisals of Homes Could Reduce Racial Bias - The New York Times (nytimes.com)My initial take is that this is a sound move by Fannie and Freddie to address a real issue. If it helps...
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Economic Update
(Monday, March 29, 2021)
This pandemic has really exposed the fault lines in our workforce demographics. It has exposed the divide between those who can work from home and those who can’t (deemed e...
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Hi everyone,I have been successful with my first two house hacks and have built 3 ADUs in California. I am looking to take the leap and invest in the Las Vegas area due to the insane home prices in California. Competi...
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Cap rates have compressed over time. Locally in the Chicago suburban market, a 6% cap rate is common and to be expected. With rising interest rates, I've heard push back that cap rates don't make sense and deals aren...
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I planning to buy a property that is out of my monthly price range by about 1500 to 1700. I plan on buying the property with a VA loan but the issue is the what ifs...if I rent the home out for 1500 to 1700 I'll be pe...