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Many of us experienced folks on the forums the last couple years have been expressing concern about people being overleveraged and for strategies like the BRRRR method. Myself, @Jay Hinrichs, @Alexander Felice, @Joe S...
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Hey, BP family. I've notice as a new investor that it seem like everyone is trying too avoid D class hood. I hear a lot of negativity about it. Is their any upside with theses neighborhoods ? What's on the positive en...
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Let's say there's an unmarried couple with kids. Boyfriend has a business and is considered self employed, but he can't get a mortgage because he doesn't have two years of self employment income. So, he "hires" his gi...
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Real Life of a Private Lender - Business Update Week #1Alright BP Nation, as promised, I am giving you guys a peek into what happens in the week of a private lender. By doing this, my hope is that:1. You will understa...
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I think its pretty safe to say that most people have their own opinion on the level of screening that tenants require in their market. Most people would run a credit check and possibly a background check.
Personally,...
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There are two schools of thought that I have seen compete when it comes to talking about success. 1) Don’t tell others about the successes you are having because it will make them feel bad, envious, jealous, or think ...
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Any ideas in dealing with relatives who mock your plans to invest in real estate?
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Economic Update
(Monday, November 9, 2020)
The election is finally over. Now we can return to ...
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Curious if North New Jersey investors are seeing better opportunities in Buy and Holds or Fix and Flips. Looking around it seems there's not many opportunities for multis under 300K other than Newark, East Orange, su...
Seeking some clarity.... If I have an AGI over $150K (lets say 39.6% tax bracket) and I own a rental property with figures as follows:- Annual Rental Income: $40K- Annual Operating Expenses/Mortgage Interest/Deprecia...