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So I have completed the "The Millionaire Real Estate Investor" by Gary Keller. In his book, he mention about buying home warranties and letting the tenant pay the co-pay and call for their own repairs. Has anyone em...
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Is there a good company that will allow me to run a back round check on prospective tenants ? Is it normal to do a criminal back round check on prospective tenants ? We have pulled their credit reports and the c...
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I have a potential tenant that has listed a treatment center as a former living situation (he was there for 18months prior to the existing 18 months somewhere else). I am curious if anyone else has run into this (and...
I am stuck on how I can obtain financing on my residential development venture. I live in the SF Bay Area. I own my home and started the process of converting my backyard shed into an ADU to earn rental income. In add...
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Should I get the applicant to include their spouse's income, even if they qualify on their own? Also how do you guys handle income verification for applicants that have their own business. This is my first rental prop...
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High level decision making question: how do you decide when to sell/1031 vs hold?I have a Vegas 4 plex that has appreciated and cash flows well. Purchase price ~$425k, owe ~$320k, PITI ~$1600, rent ~$995 per unit. Sim...
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So what does the forum think is an acceptable amount to try to leverage from a hard money lender for an investor's 1st time out? I'm a little skiddish since I would be dealing with $ not of my own and pressed to make ...
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This is a list I'm compiling of suggested skip tracing software/sites that I've read here on BP.
1. Which site gives you the most bang for your buck?
2. Which site is the most accurate regardless of pay...
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I have heard that it’s possible to set up a self directed 401K or IRA that you can use to invest in your own real estate tax free. I am wondering if anyone has done this? It seems too good to be true. Each week I set ...
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I currently have two properties (and plan to grow) and my attorney advised against me opening and moving my properties under a LLC, as I financed the properties under my name and I'm told mortgage lenders frown upon t...