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I initially set my goals and honestly I think I am selling myself short. These were my initial goals.This year - $1k/month in cash flow2nd year - $3k/month in cash flow3rd year - $7k/month in cash flowI am starting w...
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So like most all investors starting out, I have run into a money problem, but I believe I have several solutions. The most promising is converting my current Brokerage IRA into a Custodial type IRA to used to fund so...
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right now i am saving up for my first rental, but i fear it may take a while to build up the cash. Does anyone how i can expedite the process to build up a down-payment?
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Hi, my name is Vincent from the San Joaquin area. I am new to this however absolutely determined to do real estate investing for a living. As of right now I am looking into tax liens, deeds and flipping. I have some m...
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I'm just starting out looking for houses to fix and flip. My marketing budget for the year is $6000. My plan is to send out 1000 postcards every five weeks and get a website. Also, I plan to take any money I make f...
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We are getting serious about buying our first property. We are working on our business plan to show to banks and/or potential financial partners. What is something that you wish you'd included in your business plan? W...
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Hi I was running some numbers on the BiggerPockets Rental Calculator and I kept realizing that the equity for a property after year one was much higher than I would expect and have been having trouble understanding wh...
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Hi BP!I am a new REI and am in the process of scheduling an initial CPA consultation. I have an LLC, silent partner, one home and am ready to get rolling on more purchases but want to take as many preparation steps as...
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Hello,
I am looking at a duplex. The numbers look good, but I noticed that the initial equity is negative. Would anyone be able to provide the correct explanation?This link comes directly from our calcul...