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I have had a interesting discovery recently. At the end of last year, I was finishing updating my financials and I realized that my networth had reached over 1 million dollars. That had been one of my financial goals ...
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There's a lot of REAL Estate educational platforms out there promising to show you how to invest in real estate or flip houses, so why is it out of the hundreds of people that sign up for these seminars, these educati...
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Given that there is such a liquid market of buyers online I was wondering what people's thoughts are on the commission paid to Realtors. A 6% commission has always seemed scandalously high to me given the typical amo...
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What does the BP community think about 1st lien HELOCs as a way to free up equity in your primary home for investment purposes? If anyone has gone through the process, can you give any advice as to whether you recomme...
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This question is one I pose to anyone who has an opinion on the topic. Obviously we're all here because we like something about the idea of REI and passive income. As the process goes, we find a "good deal" in some ar...
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If money was not an issue and i had 100,000 USD on the side to put for down payments, would investing in expensive cities like los angeles be a good idea because of the rental occupancy rate there, or would it be wise...
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Are you prepared to do what it takes to SURVIVE this business?Are you REALLY prepared to make those tough calls?Can you push emotion to the side for the betterment of your business?Are you willing to do EVERYTHING in ...
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Hello all,I finally have my own success story. I guess this year alone has been a bit of a success story but Ill spare you and only discuss my most recent success, a 50k wholesale deal. I have been working on this dea...
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Hey BP. I wanted to share a tough lesson learned, partly to help others learn from my experience and partly to seek any words of wisdom/encouragement. :( Thanks in advance!I am just 2 weeks from closing on my first p...
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I was thinking in a long term view. Take two examples, tell me which you'd buy.House 1:100k house, 5k down, 20k in repairsRents for 2kCash flow is 500/moHouse 2:500k house, 25k down, no repairsRents for 4kCash flow i...