Canary In The Coal Mine: Unfunded Liabilities Have Turned Illinois Into A "Banana Republic"The state is buried debt, and hasn’t passed a budget in over 700 days. 100% of their monthly revenue is being consumed by cou...
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After hearing about some crazy success stories (or what I consider success stories) on having tenants stay for 15 - 20 years, it got me wondering.
What's your #1 tip for finding a tenant that will stay in for...
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Here is a bit of background: A friend of mine and I have teamed up and are diving into real estate. Neither of us have any substantial cash on hand but we both have good jobs and good credit. We’ve teamed up because...
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Some rookie mistakes made here but I wanted a second opinion. I’m under contract and inspection showed up some issues with plumbing and the roof. I spoke with attorney and said basically I would just ask for a credit ...
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Hello All,I will have around $1M in capital that I'm looking to generate 8-10% CoC returns for the purpose of replacing active income. I've decided to go the financing route to protect the value of that $1M against i...
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After hanging around these forums for about half a year now, I've noticed that the word "Guru" gets tossed around quite a bit, and (understandably) not in a good way. It's a label that tends to be used interchangeably...
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Hi all, I’m coming close to buying my first rental as an out of state STR. I have been in contact with a local property manager who charges 18% to manage the listings on their accounts (Airbnb, Vrbo, etc), take care o...
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Not sure about you guys but I thought last weeks Podcast was pretty powerful. It really got me interested in looking into purchasing non-performing notes. I read up on it since and have a better understanding of how i...
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Hello Everyone,
So I've just learned about the cash out refinance option while perusing bigger pockets forums, but I don't understand why you would want to do it. Using the following scenario I was hoping...
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I have watched several discussions, including David Greene's video, around the recent lawsuit against NAR and RE brokerages. Learned a lot but there is one thing I just don't understand. If we look at the numbers, the...