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My wife and I purchased a SFR in San Diego, CA in 2015 with an fha loan. Appreciation has been great and I've refinanced out of that loan to a conventional loan and opened up a HELOC with 58k available. We want to mov...
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I have a tenant that signed a two year lease and is wanting out after the first year due to a pregnant wife. I discounted the rent from $1400 to $1350 if they signed a two year lease. I have a $1350 deposit. This happ...
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Greetings! My name is Sara and I am a new(ish) member to Bigger Pockets and the real estate business. Here's a quick run down about myself and my spouse Bobby:We are both full time professional musicians and educators...
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Hi!My husband and I decided we want to take advantage of the equity in our primary home in LA County and start investing. We absolutely cannot afford anything local, but after visiting family in Detroit this summer we...
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This will be a long post so if you read through it all and get to the end, thank you! In mid 2020, I was working on a siding project at one of my rentals with a handyman who had done some work for me in the past, he w...
So I have a bare lot I am selling. Lets say I get 100k for it. My plan is to 1031 this into a duplex. It looks like I can occupy one side of the duplex as long as when I sell the duplex that side isn't considered 1031...
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Hi BP Fam - The hubby and I have enough money saved to pay off either 1 of our rentals or our primary residence. Wondering how others might approach this, what makes the most sense, and why. Below are some data:1.) ...
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It's common sense not to put all your eggs in the same basket, but how do you apply that saying to real estate investment?
I.e. if you have to buy 5 properties which you intend to rent out:
- how many of them would ...
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I sent out 500 letters in my town, and another 100 elsewhere on the island I live on, it's Cape Cod, a very popular vacation area. We have a lot of snobby old people, and lot's of property stays within the family. A s...
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My husband and I would like to get started in Real Estate. We are slowly saving money and have $4000. We’d like to know which strategy could be better to start. Our future goal is to have cash flow income but we heard...