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I decided to jump into the deep end for my first home purchase project, it is much deeper than I wanted..... I purchased a property for 129k in August of 2018. It was in pretty banged up shape but didn't look outrageo...
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Hey y'all ;) I wanted to share my first success story here that relates to turnkey investments. I had a lot of trouble finding positive posts about turnkey investment and thought I will share this here.
For some bac...
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Hi all,First-time homeowner (duplex) with first-time problems. Looking for advice on either heating or tenant-relations.I bought an up-down duplex in Minnesota in March of this year and moved into one unit, renting th...
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My numbers showed a conservative ARV of 3/1 rancher in Richmond, VA at $135,000. All-in costs including repairs, title, legal, lender fees, etc. was $108,000. I developed a relationship with a new bank with great po...
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Not sure what forum this goes in but I have an interesting question. This doesn't involve me, but a childhood friend. I'm not sure what to tell him. Here is the scenario as simply as I can put it.* Used family member'...
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Hello Everyone,
I am looking for some advice on how to proceed with my first home purchase.
My girlfriend and I are looking to purchase a duplex in Wisconsin. I graduated from college in May of 2012. I ...
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I've read a lot of the forum posts, blogs, and am on podcast 131 (working my way through them), and paying off properties early vs. paying them off over the life of the loan seems to be a fairly divisive topic. Befor...
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So I have found a property, in a decent middle class neighborhood, the details are as follows:
[list]Property Price: $140,000 (asking price, can negotiate down but for analysis purposes keeping it here)
# of Units: ...
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You end up putting as much time as you would towards a flip, and instead of making 50k you cash flow a few hundred bucks (that's wiped out after one roof replacement) for "infinite returns" When you could've spent the...