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Often times I hear zero down to purchase Multi-Fam investments. After speaking to several lenders and private money lenders and reading multiple books I’ve learned this is a misleading message and almost lies. Lenders...
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Hi BP friends,I'm looking at acquiring a property for use as a short term rental (STR) and I want to know what the typical expense ratio is for a STR. I know the benchmark for multifamily is ~30%, but I haven't found ...
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Is it normal for a property manager's agreement to take the tenant's security deposit and hold it for the life of the lease? A PM I considered stipulated this in the contract. It also put the liability on me to pay it...
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Hi, my name is Mario, and I am a newbie in Real Estate, but I’m really interested in stating the business. As a matter of fact, I just started a Jump start program with Fortune Builders. I have to be honest and say th...
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Hello BP!I've had my license for almost 2 years but haven't used it much. My current broker doesn't help out or train at all so I haven't been able to learn much from them. What are some good brokers your suggest for ...
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Hello BP Community, I have been saving up money for my first investment property. But with what I have saved so far, I would only have enough for a downpayment. No reserves, no cap ex, or saving for repairs. Can anyon...
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I am preparing to dip my toe into tax lien auctions in Baltimore City this May. I am logging potential properties I am interested in BUT I am confused as to the bid itself and the actual high bid premium1) When I subm...
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So, I've been a lurker on BP for several months and following real estate sporadically for several years. At one point I even got my license just for kicks and hung it "inactive". A few months ago, for the first time...
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Saint louis was once one of the greatest cities in America, at one time it had the 3rd highest population. Then after the Automobile Invasion, White Flight, and beginning of the Suburbs all around the time of post...
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We were looking to invest in Memphis but have never been there.... would love recommendations on what zip codes to look for or which ones to avoid...Thank you!