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In a 2018 video, Ken McElroy said he doesn't do apartment investing anymore. Talked about how it is too hard to make them work with the low cap rates, and instead he builds from the ground up. He's obviously a big nam...
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My question is: what stops YOU from acquiring an apartment building?Is it...lack of capital?lack of know how?mindset?fear of doing a big deal and then failing?can't find good deals?bad credit?something else?Whatever s...
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So I discovered Biggerpockets about 9 months ago, and because I live in nyc I read the out of state investing book by David greene. Now I feel like even though I understand using a team to help build your portfolio I ...
I am new to Real Estate Investment. Recently, bought a house in Auction that have everything still there, clothes, furniture, shoes, photos on wall and dressers, food in kitchen, vacuums, and all personal items. Its a...
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Obama sounded almost giddy on how well the country is doing. The stated unemployment rate only ROSE to 9.9%. HOORAY! (however, when you include EVERYTHING in that category, it is 17.4%, almpost a record high)He says t...
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Some background and to set the stage before I dive into this deal, I have shared my story on BP how I quit my CPA job to purchase large apartment complexes, here is a link:I quit my CPA Job to buy Large Apartment Buil...
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Let's say you have 5 properties that - due to economic and job market conditions in the area - only command enough rent to barely cover mortgages, insurance, and taxes. Nothing left over at all for maintenance, repa...
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I came across an interesting situation. It regards companies that offer turnkey solutions for investors. That is, investment properties that are already rehabbed, tenant-occupied, have property management in place, an...
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BP Community,
New poster but long time investor here. Looking for some advice from the collective Bigger Pockets Community. Please leave comments as this will be a factor into the future way ahead (your feedback wi...
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Communism - short definition: a political, social, and economic system in which the state, governed by an elite party control production, labor, distribution, and largely, the social and cultural life and thought of ...