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All Forum Posts by: Ryan Devin

Ryan Devin has started 4 posts and replied 13 times.

Post: 50 rule?

Ryan DevinPosted
  • Real Estate Investor
  • Buffalo, NY
  • Posts 13
  • Votes 2

Hey BP!

Just doing research and reading up on real estate before i begin to invest. can someone please lay out the 50% rule?

Thanks!
Ryan

Post: Lease with roommates

Ryan DevinPosted
  • Real Estate Investor
  • Buffalo, NY
  • Posts 13
  • Votes 2

John Cava
i am currently in college and our landlord is a big time real estate investor in the cleveland area... i live with 5 other friends and our landlord made us each sign our own lease and pay our rent separately.

Hope it helps

Ryan

Post: Contractor Questions: single or multiple

Ryan DevinPosted
  • Real Estate Investor
  • Buffalo, NY
  • Posts 13
  • Votes 2

David Schneider
hey dave,
although i dont have many of my own properties i know my father hires general contractors and then pays them by the job and not the hour (many will milk the clock).

Ryan

Post: 20 year old, looking for advice!

Ryan DevinPosted
  • Real Estate Investor
  • Buffalo, NY
  • Posts 13
  • Votes 2

Harry M.
Harry,
Thank you for the input and encouragement.

Post: 20 year old, looking for advice!

Ryan DevinPosted
  • Real Estate Investor
  • Buffalo, NY
  • Posts 13
  • Votes 2

Landon S. good for you! im only a sophomore now hopefully ill be on the same track as you by the time i graduate. good luck on your acceptance to grad school!

Post: 20 year old, looking for advice!

Ryan DevinPosted
  • Real Estate Investor
  • Buffalo, NY
  • Posts 13
  • Votes 2

John Espinosa thanks alot for the encouragement john.
Landon S. how did you have the money to buy a house in college?... did you take out a loan or have a private investor?

Post: Mentors- duplex or single

Ryan DevinPosted
  • Real Estate Investor
  • Buffalo, NY
  • Posts 13
  • Votes 2

Jon Holdman
Thanks alot for your input.
Definitely would only live in the duplex for a couple years and then move on.

Post: 20 year old, looking for advice!

Ryan DevinPosted
  • Real Estate Investor
  • Buffalo, NY
  • Posts 13
  • Votes 2

Landon S.
thanks landon,
off campus is renting is quite expensive because i am located in a nice suburb. i've thought about buying a home and renting it to other students but at this point the money isn't there. most of the homes are 100k plus.

Post: Mentors- duplex or single

Ryan DevinPosted
  • Real Estate Investor
  • Buffalo, NY
  • Posts 13
  • Votes 2

Thanks alot Brian,
I did not know about the 2 year landlording experience

Post: Mentors- duplex or single

Ryan DevinPosted
  • Real Estate Investor
  • Buffalo, NY
  • Posts 13
  • Votes 2

After gradutation for college i am looking to get right into the real estate world focusing on investing and flipping.

Currently i am wondering if it is smarter to buy a duplex as my first home and rent the second part of the home (leaving me rent free) or to buy a single and start saving to buy my first flipper?

let me know the benefits, thanks.

Ryan

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