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Hello all.. I'm new to the real estate investing field and have no idea about investing. I have a some real estate experience from being a loan signing agent here in Arizona, so I'm familiar w documents. I'm looking f...
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Seems to be a general concept that you have to start with wholesaling to get money to do flips. And then do flips to buy long term rentals. I agree that if you have no money that wholesaling is the way to start, but I...
This is a would you rather scenario. Its a time sensitive scenario, you can't choose both. 1. Flip, purchase price 110k, needs 40-50k, sell for 199. 2. Rental Porfolio, 5 houses local same town 300k after taxes and mo...
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Hello everyone,I was very happy to buy my first REO at the end of 2015. The plan was to rehab the house, live in it for a while, sell in 1 - 2 years, make a profit and buy another investment property. Mistake #1 - I h...
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Hi BP community, I wanted to see if it's possible for me to qualify as a RE professional or what other strategies are available. I know that to qualify as an RE professional for tax purposes, I must:- spend 750+ hours...
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When you are buying out of state investment properties, how do you go about finding a contractor or handyman for any repairs or improvements needed?
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I wanted to share my personal "getting started" story with the Bigger Pockets universe. My intention with sharing is to help provide another point of perspective to those who are on the sideline hoping to jump into t...
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DEAL ANALYSISDuplex - 2 BR/ 2 BA units. Built 1999. Each unit about 600 sq ft. Each unit also has partially finished basement (dry wall is up, needs paint, etc.), offering a huge amount of storage space. Also th...
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The glitch of REFI seams to be the most common problem in multifamily BRRR.
Imagine obtaining hard money and then not being able to pull out the equity from a repositioned project! Or grossly overestimating the After...
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We were on a budget when we bought our foreclosure. It had hideous old 80s style countertops. You know, the old fake yellow wood stuff. We spent a lot of time comparing all of the cheaper and creative options withi...