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What is the 1% Rule in Real Estate? The 1% rule is a real estate investment guideline indicating the minimum monthly rent you must charge your tenant to break even on a rental property. The rule states that your rent ...
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Hey BiggerPockets investors,
I have a question for everyone (but mainly active duty military/veterans). What kind of strategies did you use to start your REI career, whether it be using your VA loan, buy n holds, reha...
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Pursing a first-time home purchase and FI (financial independence) seems not possible from my position. Do you agree? What am I not considering? Should I change my risk-tolerance in order to pursue both goals? Any gui...
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I own several properties and I seem to get daily texts and call from people offering to buy my properties, usually without even specificying the property. Any idea how these people are getting my phone number, who th...
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Hello BP! I am a new investor who recently moved to Sacramento from the Bay Area. I would like to househack in Sacramento, but want to start focusing on investing out of state.
I work as on occupational therapist, a...
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Just curious about those who do their own painting. How long does it take you to paint an avg. size room. Let's assume:
- a 10x12 room
- ceiling one color, with a simple piece of moulding in the same color
- walls a ...
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Here are the basic details of the project:Closed on the deal on December 18th of last yearLocation: Plainville, ConnecticutPurchase price: $120,000.00Rehab amount: $22,000ARV: $210,000Property type: 3-familyTaxes: $38...
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Hello. I'm relatively new to BP. While I am currently invested in a few multi family properties, I'm considering my first private placement deal where I'm one of several investors. It's a large deal for roughly 250 un...
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For the past few years I have been lending my money on SFR fix and flips and getting a 12% cash on cash return. Recently I've been looking at the tax benefits, potential appreciation, and CAP rates on a multi family o...
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So I am just getting more into investing now. Several investors have suggested you contact several RE agents to get them looking for properties for you. Now I've heard from a few RE agents that if agents know if you...