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Good morning BP, I’m a complete beginner but have spent plenty of hours on the BP forums and listening to podcasts. I’m in my early 40s married with 2 busy kids. I’m a project manager for a local electrical contractor...
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I am an absentee owner. I get direct mailers daily from cash buyers. I had a conversation with a cash buyer today and they asked me "what would you sell your property for?" My number was way over fair market value. He...
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I'm curious to know if your perspective on your ideal markets to invest in have changed over time from when you first began investing to present day?
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Hello!We're trying to purchase our second rental property. It is two homes on one piece of land and sold "as-is", which we understood to mean the seller would make no repairs. It appeared to be in good condition but w...
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My basement had water a few days ago, and I immediately contacted my contractor and his crew to come in to remediate the issue. The tenant had a few items damaged, and I had warned him before that it may flood. In fac...
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Okay BP, so I've decided to jump in (actually decided a little bit back.) And I figured I'd start a live Blog/Forum to document my epic triumph or defeat; though I'm pulling for the former.The History: My REI journe...
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For wholesalers, here's a way around funds proof requirements on those shortsale/REO deals - IF you know your buyer.
Use a standard Addendum and add him as co-buyer on your original purchase contract. Now you're both...
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Doing a little soul searching on a long road trip this weekend, and it occurs to me that I'm afraid of failing at flipping houses. My question is, should I be afraid of actually losing money? Or should I be afraid of ...
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I am in the process of choosing a Solo 401K provider (for lack of a better term) Costs range from $500 to $1500 for initial set up and $125 to $200 per year to maintain the account each year. Has anyone experienced ...
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Hey everyone,I created a forum post nearly two weeks ago asking for advice on the analysis of my first deal. I have since revised those numbers to be more realistic and conservative and to reflect that this deal is n...