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I had a guy that I have been using to fix my properties here and there offer to take care of all of them (which is 4 properties as of now but will be adding 2 more soon) if I let him live in one of them for free? I wo...
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Contracted on manufactured home. It's gone thru foreclosure and last buyer paid cash, so no engineer's report easily found. Would there be a way to access it through previous FHA loan documentation?Does every inves...
So my house has been rented out to a family for about 5 years now. During the whole time, I haven't really done much because a property management is handling all the payment and any situations. The management co...
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I am into a deal for $25K but permitting process killed my carrying cost budget. The project is only 25% completed and I am running out of funds. It is a hard money loan. Any thoughts?
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Hello BP,I'm a 1st time landlord. I am in the process of renting out my current SFH. I will be moving to my new house in a few days about 45 minutes away. I have in a fairly tight knit neighborhood, and one of the pre...
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I just heard about the idea of chunking down my mortgage on a rental property; sounds enticing to have an early payoff. However, I also know that having this debt offers more tax deductions. Of course, having a prop...
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I own several rental properties in an LLC. The LLC has its own bank account/credit card which are only used for those properties, any bills/contracts are always signed with "Manager XX LLC" next to my name, etc. Are t...
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You guys rock! Just a hurdle I am trying to smoothly clear by preparing myself before taking on my 1st property when it closes this week. (2unit upper/lower duplex) built in 1920 but in excellent shape. Inspector was...
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Is anyone familiar with the investment strategy of acquiring a property through a Trust to take over payments from a seller and maintain their interest rate and lender (typically due a financially distressed situation...