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This is a general question... Do you think solar is worth it, for an area like a desert with plenty of sun and hot summers (AC blasting) raking up big electricity bills? But also more specific... Would you think that ...
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I have three listings and several more in process, so selfishly, I wanted to start a thread where we comment on off the shelf software tools and best practices for managing listings when you have several or many. Let...
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So quick backstory about me.. I have 2 rental properties on Long Island, NY and they're both located in the same town.
Property #1
-Legal 2-family duplex (2 units)
-Does not need to be owner-occupied since it’s a l...
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Well, as the title says I am going to try an build a fourplex. And its my first deal. This will be my diary. Come hell or high water, you will have a front row seat.Before we get into the deal, understand that I am go...
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In most instances, I would assume it is for two reasons. To generate passive income which will help eliminate the need to work and to help with our retirement.
Normally about this time of year, various magazines come...
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Hey BP members, Does anyone have any advice on hiring a property manager? I currently manage 16 doors myself, all within a 10 minute drive from each other. (I do everything). I looked into a few property management co...
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I have seen this question come up many times for the affordable end. I am currently using Smartbnb. I am looking at the bigger software packages such as Hostawy, Kigo, Streamline, or VRM because I am scaling and need ...
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Forgive me if this seems naive, but what is the real benefit of having cash when investing in real estate vs. being able to obtain financing? Specifically 500k-1m of cash. Would it be best to use that to buy a forecl...
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Here’s a recount of my first BRRRR (Buy- Renovate-Rent-Refinance-Repeat) deal with specific details/numbers. This post is long and detailed, but for those who spend the time to read through it, I hope it helps.
How...
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Background,
A woman who couldn't afford her payments left Maryland. Her bank started foreclosure and stopped about 1 1/2 years ago. She filled out the paperwork for a deed in lieu of foreclosure and the bank refused...