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8 March 2018 | 1 reply
Hey BP Family,I have found a house that has good potential as a BRRRR deal and am looking for a good trustworthy contractor to help me assess the rehab costs.
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30 June 2019 | 3 replies
Jon is accurate in his assessment.
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8 March 2018 | 4 replies
@Jay Helms I was trying to assess if the 2% rule should be a mandatory criteria but it seems like not many properties are meeting 2% that still do well.
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2 April 2018 | 19 replies
Taxes here are between 3.5-4% of assessed value.
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13 March 2018 | 65 replies
I have no idea what my rights are, looking it up leaves me all over the place and it sounds as if I'm basically at the mercy of whatever judge I get should I go to court.I have been very firm with these guys, I don't generally let stuff slide (I can't charge them for damage if I can't prove it was them!!!
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21 March 2018 | 5 replies
In my search, which entailed looking at all cities that have direct flights from Santa Ana airport (in case I need to be there), I have basically narrowed my search to Phoenix, AZ and the surrounding suburbs.Looking forward to joining this great community that has been helping millions on the quest to financial freedom!
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9 March 2018 | 10 replies
That is basically one of the foundational upsides of rental property investing- have someone else pay and build equity for you.
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10 March 2018 | 6 replies
I get that my AGI will be less than what I earned, basic tax stuff here.
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9 March 2018 | 15 replies
No CapEx) Monthly profit: $70.46 (so basically nothing)Cash on Cash ROI: 0.79% (ouch)Cap rate: 8%As you can see, the numbers are grim...My options as I see them are as follows:1) HELOC to gain access to this equity.
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8 March 2018 | 2 replies
-- I let him know what I was going for and he critiqued and provided positive feedback of why not consider doing X,Y,Z.We are meeting up again on Tuesday for lunch and I'm compiling a list of Questions, both to get feedback and I want to put together a list of questions anyone would want to ask if they were a new investor getting into real estate.Now I have a basic list of questions to ask, but because I've never really thought/considered/known much about RE I don't know what to really ask, any seasoned investors remember their beginning and some questions you wish you had asked or learned of before jumping on your first deal?