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2023: Starting out, Scaling, or Staying Put? How have your plans changed, or have they stayed the same since the beginning of the year?
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I just read 5 books (out of print, published between 1979 and 1986) all related to wealth building thru real estate “trading and exchanging” (not for tax free exchange).
These were the most convoluted, confusing, and...
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Hello Bigger Pockets folks,
I’m an early career professional mechanical engineer (~8 years) hoping to learn the ways of real estate investing and make the ultimate pivot. My dream is to have the freedom to pursue my ...
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What are your successes, failures, and aha moments? What are your goals for 2025?
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I am currently trying to close on a church in Nashville (residential R6-A zoning) and convert it into my primary residence. Two separate property appraisers (at the direction of the lender) were sent out to appraise, ...
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Lately, I've been thinking a lot about lifestyle choices and my future as a entrepreneur or investor. I have heard it referred to as "Entrepreneur Bipolarism" -- where the mind is constantly battling itself on what is...
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I have an uncle that has owned 6 trailer parks (over 100 trailers) for 16 years. Average profit on a trailer park is between 10-15 percent . My uncle has done 84 percent for the last 14 consecutive years (these number...
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I have been lending funds to a close friend of mine for a rate of 8%. I got a 1099-INT from him to file my tax, which I paid a big portion out of 8% (effectively around 6% after paying the gov). Is there a better wa...
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We went from zero to over fifty rental properties in about 10 years. Overall real estate investing has been a very good business for us in the form of cash flow and equity. But it is time to scale back to give us more...
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So long question short, my rental property averages about $150 a month cash flow after regular maintenance expenses and minor repairs. But for a capex expense, my next one being a bath tub replacement or replacing the...