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Hi team,I'm early in my journey and need some objective advice from some other folks. I currently have a mortgage on a condo in Tampa, FL. I'm trying to decide if I should go ahead and pay it off, making it into a sof...
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In 2014 my wife and I purchased our first home near Norfolk, VA for $307,000, putting $0 down on the property though a VA loan. Best decision ever!! - That is, until I heard about real estate investing, house hackin...
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This is such a basic question, but I don't quite understand the basics of it.
If my income increases by 3.5% per year (that's my current raise per year per our contract) and inflation has been between 3-5% pe...
Hey guys,
Newbie in the forum, veteran stock investor looking to get into RE. It's very hard to find solid ROI statistics on STRs today. There is plenty of data on daily rates, occupancy rates, and other factors, ho...
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I’m always looking for ways to measure and track my money, my progress, and my success. Until recently, I’ve been doing so on a series of notes and spreadsheets and it’s been a super manual process with a lot of room ...
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Hi All,I’m currently in the process of purchasing my first investment property and was curious how you organized your finances to prepare:1) do you have a separate bank account for your investment properties?2) what %...
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Hi, my name is Hannah and I am new to REI. For the past few months I have been educating myself and soaking up anything I can. I know sometimes getting started and pulling the plug is the hardest part. I want to be ab...
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Hey all, I've been studying real estate for about 2 years and just finally was able to put together my first deal. I found a nice townhouse in Flagstaff, AZ about a mile off off the NAU campus. I know personally that ...
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I understand the NOI/Cap rate formula for valuing how much a property is worth paying for, but how does this formula work for calculating the future or NEW value of a property after 5 years of rent increases?Since the...
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I’ll try to keep this post simple, if not short.
My wife and I have been educating ourselves, listening to RE podcasts, reading books and BiggerPockets. We have some savings and a Pre-approval letter ready and we al...