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I'm trying to figure out how to best communicate with my tenants regarding this difficult time of the corona virus.I'd like to be sensitive to what's going on, but I also want to be able to cover my mortgages, bills e...
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If I were to guess, here's what my friends did today:@Serge S. spend today thinking hard about the next $500,000@Brian Burke took his wife in his plane to Malibu, or something, and spent money he has@Brandon Turner to...
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Short Term Rental Arbitrage analysis
This topic keeps coming up recently recently and I feel like a broken record, so thought I would post about it and share how I run an analysis on a potential arbitrage deal, and h...
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An ordinance was introduced this week to re-legalize the construction of new "accessory dwelling units" on existing Chicago properties. This includes coach houses and basement & attic units, which could be added w...
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Curious what everyone's thoughts are on the following 2 options:
1. Put money aside in 401k and take a nice tax savings now, but not be able to leverage the money easily for REI. With a Self Directed 401k I may have...
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I just bought a second at a ts in CA (it was a 2nd mortgage, not a HOA lien) The property has equity.
The first is scheduled to sell in a week. So I need to pay it off asap to keep it from selling.
How do I go ab...
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Hi everybody,
House valued at 420K, going to be auctioned on 7/15. Starting bid 81.5K, yeah! A heck of a deal.
I feel i should go talk to the owner and try to get this house before auction day. I have no experience ...
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Have you ever been under contract, and doing your due diligence, and you find a bunch of problems. You ask for a concession, but the seller's broker keeps telling you that they don't really care if you back out becaus...
Universities across America are online-only right now, as well as for the summer. What if they stay online-only in the fall?There are many college towns whose economies and rental markets depend heavily on students be...
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My tenants sent me the following message. There was no previous messaging of any problems; they informed me of replacing and discarding the previous unit all in one message. Then expect me to pay for the new unit. The...