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Hi everyone! I've been looking on sites such as Zillow.com and Realator.com in order to practice analyzing potential rental properties, but I haven't found a property that provides positive cash flow yet (unless I low...
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LMAO,Seriously, I was wondering what it was all about, and then I read some shlt and realized my mom and one of my uncles were hard money lenders back in the day. Seems like they only did it on commercial properties.S...
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I recently purchased a unique home - an A-Frame in northern Wisconsin at the end of December. I have been working through major renovations such as a new roof, a fully gutted bathroom with higher end finishes, and lot...
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I was reading an interesting blog
https://www.biggerpockets.com/...
written by Brandon Turner but I did not understand couple of things from this blog which was =
1. How is our loan for $63,500 after paying 20% ...
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I'm aware that people are buying homes now. I know an agent in SoCal who has sold 57 homes in 2008 and already has sold 10 in 2009. She tells me that these people are buying retirement homes. Most of them will rent, l...
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I think I incorrectely posted this in the renters section of the site, so I'm trying here. I'm leaving Chicago for Ft Lauderdale and renting out my Chicago condo. My goal is to pay a fair price for good service and ...
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I am a newbie at real estate investing.
The mentor I have explains that with every deal he gets 50%.
for example:
A lease/option home with $20k down
And a residual of $1000/month
He would get $10k of the down pa...
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For a single family property, do you require your renters to have their own insurance in addition to the home owner insurance already in place?
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I know what ARV is, I just want to know how you evaluate deals.Some may strictly look at comps and place no value on upgrades others shoot from the hip. What ever your strategy I appreciate the feedback.
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I wanted to share a project I'm part of because I think its so unique and great for so many people. I'm an Engineer on the team and can answer any and all questions about the project.
We are wrapping up the final d...