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Dear BP,I'm attending my first REIA event today and it seems like a scam. I'm a bit skeptical when they are throwing stories of $$$ left and right. Any thoughts?
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So, recently I have been trying to branch out and buy real estate in other states. I'm currently working in Arizona so I thought "hmm it's nice out here, I should try to get a property or two while I'm out here." I am...
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Within the past 2 weeks I got 2 capital calls from different sponsors, I'm assuming that there are many deals in similar situations.The sponsors are saying, If they have enough capital to bring occupancy to 90% they w...
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At the beginning of each year I take the time to research and reflect on various markets throughout the country so as to provide a road map to my acquisition search for the year. As an active buyer of apartment compl...
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I'm curious how many people use a Buyers Agent to flip REO's instead of going directly through the Listing Agent? If so, are you having success?
I'm NOT trying to go the route of making 100's of lowball offers and b...
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Hello BP community,
I have observed a lot of confusion on the forums about financing options and the availability of programs for RE investors. As I have gained a ton of knowledge from the forums in my own journey, I...
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I am interviewing several PM companys for my first rental, its long distance. Half of the PM companies do not collect a security deposit. This makes me nervous. Am I overreacting? What is the benefit to a landlord of...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $242,000
Cash invested: $17,000
Sale price: $365,000
This was a Live-In Flip investment using our 1st Time Buye...
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I own and self-manage roughly 200 units (several large apt buildings). I will have 3 employees. I want software that will:1. Track rental payments and notify me who is late.2. Allow me to keep a maintenance request ...
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A friend bought a place with 5% down. A recent appraisal says the home is worth significantly more, so his remaining balance is below 20%. Is there an inexpensive way to get the PMI removed?