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Good afternoon Bigger Pockets forum. This is my first post, and of course I'm looking for advice. My wife, and I are taking the plunge into real estate investing, and I wanted to consult like minded individuals on a c...
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Please contact a real estate attorney before purchasing a zombie foreclosure. This is a complex strategy that requires the right expertise.What is a zombie foreclosure?I would define it as a property that has been ab...
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With a professional career in real estate investment and management in the small investor space, I have had the privilege to witness many pivots to the industry. I have seen economic busts and impacts. I currently m...
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(ARV x 65%) - Repair Costs = Maximum Allowable Offer. What do you do if the math makes the MAO so ridiculously low that the previously "motivated" seller becomes not so motivated? Example: ARV $162,000 X 65% = $105,...
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I have a dilemma: I have a 15 year old BMW that now costs more in upcoming maintenance than the car is worth so it's time to get rid of it. I plan on getting a modest, 3+ year old used vehicle from around $12,000 or ...
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Hello,My name is George and I'm 16. I have been putting a lot of emphasis on my future and have formulated a plan as to what I am intending to do. As of right now my plan is to have multiple streams of income coming i...
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Just getting started with wholesaling. I inspected a lead I got from direct mail the other day and I'm wondering if I went way too low on my offer because I overestimated the rehab cost substantially.The owner was an ...
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I exchanged 3 SFR rentals into part ownership in a luxury apartment. I've decided to exchange out of that back into SFR rentals again. (Long story, but just so you have the necessary data... my general plan is to acqu...
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Here's an interesting article I read this morning that pretty much reiterates everything we've been talking about here on BP the past 6 months:
http://money.cnn.com/2013/05/20/real_estate/amateur-investors/index.html...
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Hey all, I currently have a rental property that is currently paid off, with about 650k worth of equity. I hate to have all of this equity just sit here doing nothing, so what kind of strategies would you guys take to...