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I am looking at a triplex which looks decent and is priced well...except
It uses oil for heat, that paid by the landlord. The bill for oil is ~7k per year which destroys the cashflow
Has anyone successfully converte...
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Hi- Looking to buy and live in either of these 2 communities and hoping appreciation (total 10%) in next 5-7 years.Prices vary due to multiple layouts and one being Townhomes vs other stacked TH.Has anyone experienced...
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I spend a lot of time analyzing numbers on my properties, and I typically compare all my expenses as a % against total income for each property. So for round numbers, if I had 30k in income on a duplex, and I spen...
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BP offers a calculator to help determine whether a property is a "good" buy. In situations wherein you don't have access to the calculator, can you apply the 1% rental rule for SFH to MFP? What's the fastest way to ...
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Hello BP community, I am just starting out in my second year of investment property. I have one rental, and working on one flip. I am looking into buying two properties this year, but don't know weather a town home ...
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Hi BP,Has anyone used "Bagster" by Waste Management in Philadelphia? I have to do a clean out, not enough material to justify a dumpster and permit costs. I can't find great info about the legality of Bagster. It look...
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Hello all,Does anyone know how to properly value a property management company? I am considering buying one that has been presented to me. How do I come up with an appropriate offer? What is some of the due diligence...
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Hi everyone, I am a beginner investor who has just submitted an offer on a 3 unit property. I am pre-approved on a loan from a local savings and loan, but I am curious if I should look for another method of financing ...
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Met a guy who said he wanted to go 50/50 so I showed him a couple deals. The second one I showed him he was ready to buy. I had to explain to him the 1% rule right there in the kitchen. He's clueless.
Funny thing is...
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Dear BP family.I'm thinking about doing direct mail marketing. I got like a stack of them from other investors and have been studying their messages. Some are obviously doing a 1031 exchange. What is interesting is...