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I have been reading about the 2% rule but seriously questioning its accuracy. I got a great deal on a house in a desirable area of Austin for $297k. The rental we are getting is high ($2500) for the area. However, acc...
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I closed on this beauty earlier this month (Dec. 2018) and it has been quite exasperating dealing with the seller and the hard money lender! She's a 3/1, 1,200 sqft home in East Point, GA - a perfect starter home if y...
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Hi all,I have just begun to try and stick with the 3x rent salary. Do you ever stray? I have a nice single mom applicant, works 30-35 hours/week at $17 hour, gets $400 month in child support and still isn’t close to 3...
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In the thread about the TV show Property Wars, it was brought up about things found in and on foreclosed property.
1. In a recent one there was the last occupant's ashes. I called the relative to come get the ashes...
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Hi,
I have been thinking about different ways to get some rental properties for a few months. I was thinking a good way, before the market really rises, is get some Subject To or under a lease option, with the optio...
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I just bought my first house at a foreclosure auction today after 3 attempts on other properties. I've been flipping REOs so far. The auctioneer was inexperienced, lost (could not find the correct legal location ...
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Hello All,Recently, 2 old college roommates of mine moved to Austin, Texas. I told them that I can't wait to make a visit down there (I am currently in Massachusetts) to see them, and check out the city. But giving it...
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This is a very broad question but I read the forums and went to my local library to check out a few brandon turner books but I would like other peoples input on how they started or an idea that could help me start. I ...
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Hello Everyone! This is going to be a LONG one!I just turned 21 and I am preparing to make my first purchase no later than May of this coming year. I am very excited, but I want as much advice as possible as I am awar...
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I am in the process of buying 3 duplexes that are undervalued because of rents. They are renting for $800-850. Market rents for this size in this neighborhood. should be 1100-1200. Once you purchase how do you rais...