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8 October 2024 | 5 replies
I'm currently looking to acquire more deals and would appreciate any tips on finding legitimate private lenders.
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7 October 2024 | 20 replies
Cost segs usually benefit short term rentals more than long term rentals.
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15 October 2024 | 14 replies
When I talk to loan officers they say a DSCR loan would be ideal for even a newer LLC because it's more about the numbers on the deal as long as you have the cash for the average 20% and whatever points down.
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15 October 2024 | 1 reply
Hello BP Community,My name is Patrick Belanger, and my wife and I (both engineers turned entrepreneurs) havebeen investing in Edmonton and the surrounding communities since 2013, buildinga 32 unit local portfolio of single family homes, duplexes, garage suites, andsmall new-build multifamily (6 and 8 unit properties).
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16 October 2024 | 9 replies
I try to teach my kids the importance of investing and show them real life scenarios any chance I can.
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15 October 2024 | 3 replies
These tenants were rented by the owner, I'm just managing the property more than 7 years ago.
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15 October 2024 | 10 replies
You can also get a contractor to go look for you and give you a verbal estimate but not everyone will do that.
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8 October 2024 | 4 replies
There are 7 material participation tests and these are the 3 most common for real estate investors AND you need to meet one of them: Spend more than 500 hours on your rental businessDo substantially everything for the rental businessSpend more than 100 hours on the activity and no one other individual spends more time than you doAnother way to offset non-passive income (e.g.
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15 October 2024 | 1 reply
I have been working in this area for about 5 years now.We have noticed that an influx of Canadians are making the move to Arizona, and I would love create a relationship with some of you agents and talk about what type of service I can offer to any of your clients thinking about making the move to AZ.
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17 October 2024 | 7 replies
What if you buy the property and discover you suck at managing the tenants and property?