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21 September 2016 | 26 replies
Still looking for a property that has the ability to cash flow along with some built in equity to combat against future decline in property prices, which according to HAR.com latest press release it's already happening.
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25 September 2016 | 8 replies
As a rule these "accidental" landlord situations are usually a sell rather than a rent.
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26 September 2016 | 2 replies
If it's a high rental area which most "not nice" areas are, then you are going to be hard pressed to find a buyer.
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7 October 2016 | 17 replies
@Christian Sasam @David Wei,My story isn't that interesting, and I'm not sure you'll get much out of it, but I'm happy to give you the rundown of my history:I started just like many investors here as an "accidental landlord".
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27 September 2016 | 5 replies
I'd say that the odds of this being an accidental oversight are between zero and zero.
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28 September 2016 | 4 replies
IN WA OR CA NV and I THINK AZ there is no deficiency judgment allowed on a purchase money first loan for owner occ.. so in those states its business as usualI think the more pressing issue is values have come back up and less people are underwater than were before.I understand Texas can be a mother when it comes to chasing deficiancies and something that most folks don't know or understand.
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9 January 2017 | 7 replies
I am the head of a single-income household of 4, and after accidentally discovering BiggerPockets and Robert Kiyosaki, I've decided to move my family into my in-law's place (from Garfield to Bergenfield) in order to stop paying rent and begin saving serious cash for investing in the near future.I would like to start off with a duplex/triplex/fourplex as primary residence while collecting decent cashflow.
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1 October 2016 | 8 replies
The challenge was simple, I just needed to figure out how to pay for them.Although I can’t explain it, after reading a book called “think and grow rich”, I applied these principals and well, I started finding money.At the same time, I met a future partner, other local resources and decided to really start pressing for more deals.Over the next several months, I went on what my wife describes as an all-out war path.
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13 February 2017 | 8 replies
@Rick Baggenstoss I grew up in Glenn Garry glen ross my dad was a land man just like Al Pacino... and Jack Lemmon would have done better if he did what my dad did.. my dad bought a printing press and I had to make door hangers after work then on weekends I had to put them out door to door.. so my dad got 20 leads a week and did not use the company leads like everyone else.. soon was number one then in 2 years started his own company... thanks for the memories.. my exerpince with this company is on the front lines one of my vendors bought a property through these yahoos total fabrication on the rehab and resale value these guys are ruthless in their approach and in my mind have little concern other than to make a fee and move on totally CAVEAT EMPTOR if working with these folks..
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4 October 2016 | 3 replies
I can tell you that it may be cheaper to sell at a loss than becoming an accidental landlord and doing it wrong.