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22 January 2017 | 6 replies
I started on my first "test run" and quickly realized I', clueless as to insurance costs, or even trash pick up (Republic doesn't seem to have street pick-up rates listed on their sight).However, unless your pro you only get 5 turns on the "toys", so maybe practice with this one www.biggerpockets.com/tools/REIPropertyAnalyzer.xls-- then you can also figure % for maintenance and/or capex (older house, higher%, new home...)Have fun!
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21 January 2017 | 6 replies
If you really insist on catering to FHA, Fannie/Freddie buyers, then you'll simply have to get licensed.
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1 February 2017 | 11 replies
I myself am a brand spanking new investor and I feel that attending these things if possible would be a great opportunity for new and old investors alike to pick up a tip or two that could add some value and new tools to their repertoire.
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24 January 2017 | 28 replies
Throw the address into the city assessor's online lookup tool.
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22 January 2017 | 1 reply
Using the calculators/tools on BP will prove very valuable as I look for deals in my area.
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23 January 2017 | 2 replies
If you are refinancing an investment property the two main tools that investors use are conventional lending or portfolio lending.
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16 May 2020 | 3 replies
Any thoughts from you guys on areas that would make sense to cater to all the new jobs being created up there lately??
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22 January 2017 | 4 replies
Having your license as a tool for an investor is AMAZING, I'm kinda a dork so that's why I like it.
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29 January 2017 | 8 replies
Of course, the estate tax could still be a concern, BUT irrevocable trusts are a great tool for mitigating that risk... but I digress.If/when you get to that stage of your research (which might not be for a while), I'd suggest reaching out to a Qualified Intermediary here on BP (like @Dave Foster, for example) to make sure you get accurate info as it pertains to your specific situation.Whew, ok, that's enough from me.
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18 December 2020 | 55 replies
It's fine to get your license if you intend to use that as a tool for investing, but it really is more wise to just use an agent that knows the market and industry if you don't intend to really dig in.