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Hello everyone; I live in the Ft. Lauderdale area of South Florida. I'm looking to purchase my first income property, but as many of you know, things are expensive here in South Florida. I own a 2 bed 2 bath condo tha...
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My wife and I own and operate mobile home parks. We have two large parks under contract. One that we currently manage is up for sale. I thought I'd share a story of the park that we have up for sale in Dayton, Ohio.Th...
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Particularly in the California and Arizona real estate markets, where bidding wars for investment properties are the norm, real estate investors can’t rely on banks to fund new purchases. Although some real estate inv...
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My appraisal came in significantly lower than I expected (only a 5% increase from the value the property was appraised at 4 years ago, in spite of values generally increasing 40-50%). Looking at the report, the apprai...
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I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...
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Every real estate investment involves risk. Some investment properties have substantially more risk than others. Real estate development is generally more risky than purchasing a stable core asset in a large market....
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In our area, there is a high volume of undervalued slab homes on the market. After one bad experience in renovating one we have decided to avoid them in the future for the following reasons:
- Difficult to ac...
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I am talking to individuals in my area who are investors and buy properties. I mentioned that I am starting out in the business myself and would need someone to sell contracts to. These individuals said that they woul...
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All Wichita investors,I came to the realization that I have not lived in Wichita for nearly 10 years. What changes do you see happening? what are the problem neighborhoods? what is something that is going on in the ci...
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Going to take advantage of low interest rates and refi my primary house out of construction loan. Locked down 2.75%. Have the opportunity to pull out an additional $150 in equity and wondering the best use. Considered...