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We're ran into our first BIG hiccup in real estate....We purchased a large SFH in the area for $185K and took a loan out for $235K (to use as construction loan for the reno) with seemingly lots of update potential to ...
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For context here is the situation. I have a quadplex in minneapolis, in a solid area, for 200K. The seller is selling as is. Obviously the place is going to need to be rehabed. I am still a newb here so i apologize if...
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All I hear about is how great STRs are and how in the correct market they can basically be a money making machine. What are some of the cons or risks of owning a STR that a new investor should look out for? Asking any...
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For those of you with sizable rental portfolios with debt on them I was wondering how much cash you keep as an overall percentage of your long-term debt. We have been targeting 10% liquid for every dollar of long-ter...
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Buying a $50,000 property for $5,000... Too good to be true?
I have obtained a list of properties and the amount of property taxes that are over due by the homeowners.These homeowners have not yet lost their prope...
Hi everyone! I am glad to have found this forum! Ever since registering here in September of the last year, I was quietly reading the posts, absorbing the information, sending contact requests to fellow investors, tal...
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I went to my first tax lien sale yesterday (Boulder, CO) and wanted to write about my experience. The interest rate this year was 11% and if the account owner doesn't pay for the following year you get the first oppor...
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How realistic is working the wholesaling strategy in terms of it being a full time real estate investing strategy or do I need to combine it with others, ie.. short sales, subject tos, foreclosures, lease/option etc??...
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Hi all,I have always found success stories very inspirational and I've looked forward to posting my own for a long time. I can finally say that my first deal is done, and my partner and I walked away with a net profit...
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Well, first I'll start with an explanation on what exactly this entails for those not clear of what generally compromises a bases surrounding area. Most AF bases are relatively in the middle of no where. Usually stand...