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A family member gave my girlfriend and I a gift of a substantial amount of money to start a business. My mind immediately goes towards investing in real estate but I don't know where to start. We made an LLC but not s...
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Accounting dummy here. Not that it's any excuse, but as a young guy with very few expenses I haven't felt the impetus to keep track of my personal finances in any way other than the resources provided through my onli...
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I am looking to start investing in multifamily properties. I have set up my proforma spreadsheet and I am pretty sure the calculations are correct. When I evaluate properties what are all the expenses associated wit...
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Any strategies out there to fund the furnishing of a STR?I know consignment stores and garage sales are a way to keep it low cost, but any funding strategies if you’re trying to furnish a higher end property?Adds up q...
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What are everyone's thoughts on whether to charge an application fee for rental houses? Do you collect a bunch of applications and only run the background and credit check on your top candidate with you paying the bi...
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I was told that some lenders may not refinance trailers house due to the quick depreciation. I’m planning on moving a trailer house onto an acre of land and refinancing it for a cash payout. Would this be a bad idea?
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Hello BP, I'm Michael Beeman.I recently purchased a large older home with a garage that I am turning into a 3 plex, and in May I'm closing on a 6 unit apartment. I got some really great deals on these units.. But, as...
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What’s up guys. I just bought my first rental and I’m almost done getting it rent ready. How do I screen tenants? and what’s the best software for managing the property?
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Okay so after enough research and talking about it I want to start moving on it.
I'm looking for a commercial lender.
Im looking for 10-20% down
7-10 year balloon payment
20-30 year amortization period.
My cred...
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Inspired by a post I read by Jason the apprentice on TheBuyAndHoldGuys last night, I decided to submit my information on LendingTree in hopes of beginning the pre-approval process. All morning, I've been getting calls...