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I am looking to get into my first rental property. My plan is to BRRRR. My question is should I use a HELCO or cash out refi from my primary residence to fund it? what are the pros and cons of each? is one more risk t...
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Hi Everyone! I have a problem that I am hoping I can get some friendly advice on. So, I get out and about and find property owners to talk with.... all with tons of confidence! While I'm talking with them, I find a...
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Unless you are in some bubble, you should of heard about Covid and the impacts of shutting down the economy. Im not here to get into politics but wanted to get people's opinions and possible alternative solutions for ...
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Hello all, I wanted to jump on here and share my thoughts on my updated business plan and to try and find some more networking opportunities. I am a general contractor in Farmington Mo. I started my real estate journe...
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I am interested in purchasing a Duplex built in 1969. The Duplex is 2 bed/ 1 Bath per side. If I purchase it would cost $75,000 with 25% down. It's not in the best neighborhood, but all the other duplexes and single f...
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What is the best approach when a tenant bringing 7-9 people to stay overnight every night in a small studio apartment and disturbing all other tenants. Lease ends in December. Thank you
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I have a tenant who just moved in in February and its seeming like he has never rented before. So far he's been late on the rent b/c he hasn't figured out routing the payments correctly and he still hasn't switched th...
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Hi BP,Last week, one of our best tenants (a jewelry store) called and asked if we have a bigger space they could move to. They kind of mentioned about this in the past but nothing materialized (because we offered the...
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Back in early April i received a call from one of my properties claiming that there was water gushing out of the ceiling. I get over there & water is pouring out of the radiant heat system underneath a window. I s...
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So I've been mulling over a couple of things:
1. Earthquake insurance
My initial thoughts are is that it's an unnecessary (perhaps) and expensive (definitely) item. Should an earthquake hit that is big enough to l...