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Hello everyone, I'm looking into buying my first property. Currently I have 25k in cash (with 2k added each month from my 9-5 job) and was looking to buy in the east (Milwaukee, Cleveland, or Detroit areas), because o...
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Alright BP Nation, this is the start of Year 2 of the Real Life of the Real Estate Investor thread.In the first year of the Real Life of a Real Estate Investor, without meaning to do so, it attracted and resulted in ...
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If you missed my other post. I am new and will probably have a few questions while I am studying and analyzing deals the next few days. One question I have right now is whats the down side to buying mobile homes for b...
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This question is one I pose to anyone who has an opinion on the topic. Obviously we're all here because we like something about the idea of REI and passive income. As the process goes, we find a "good deal" in some ar...
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As a broker in California and in Kentucky, it's mind-blowing that cap rates are as low as 2 or 3 in CA and yet investors hold on to these when they could sell them and by 10 times the units in KY with strong cash flow!
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A reply on another thread made me wonder about something. Mikeoh mentioned fannie mae is showing 5% appreciation annually over the past 50 years on average. The Rule Of 72 says that to find out how long it takes to do...
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Hi,
This is a bit of a follow up from my previous post. I'm very interested in a REO property that's about to come on the market soon. I tried to buy it as a SS but it ended up at foreclosure. The bank had accepted my...
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Hi BP friends,
My husband and I are saving up for our first property through travel work. We are willing to move anywhere in the country that has a good real estate market, and would like to live in places for a fe...
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Good afternoon,I've been reading a lot on this site and elsewhere about Owner/Seller financing as it pertains to Dodd-Frank, but I can't seem to find an answer for this situation (either that or don't want to believe ...