A few years ago I sold a house to a couple that asked me to take back a second, since they could only quailfy for a 80% loan. I did and now they have stopped paying me, but they are still paying the first wich is a l...
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I am fairly new to BP but just wanted to share that my offer on investment property number 2 was just accepted today! I haven't closed yet and I know I'm counting my chickens too soon, but I'm excited to have jumped ...
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Hi, does anyone know anything about a crowdfunding group called Groundfloor? A friend of mine asked me about them and she wants to invest with them. I don't know anything about them. Any insight would be greatly appre...
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I'm working on finding a rental property as my first deal. For right now, I'm focusing on pretty much turn-key properties. If I stick with this and spend all of my money allocated for real estate on this first prope...
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I live in Orlando Fl, and currently building my team to start flipping houses. I currently have a full time job but I would eventually like to do real estate investing full time. Now I have a general contractor and po...
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There are a lot of discussions on the site about starting out, but I find that those discussions where people share the challenges they went through on difficult deals are the best to learn from.
So . . .
What Was Y...
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I read hundreds of questions in the forums every day. I see a lot of repetition in questions. People ask things like "Do I need an LLC" or "where do I advertise for tenants" or "how do you collect rent payment". We al...
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I keep on hearing from investors that "I'm waiting for interest rates to go down" or I hear "I need rates to go down for the numbers to make sense". Maybe these investors are saying this because they just got into inv...
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I’m on my first flip, and the official start for renovations was November 1st 2018. I was told it would take 12 weeks to complete the project and now we are well past that and still having issues. All of a sudden I ne...
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Just wanted to see what people do. I've owned RE for about 3-4 years and I haven't told a single coworker about it. I'm a private person in general. Still though sometimes I consider it. I think it's interesting conve...