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One of my rental properties in Kansas City is managed by a property manager. My recent monthly owner statement included a $443 charge for replacing a kitchen faucet. Seemed excessive to me so I got a breakdown of th...
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I don't care whether you vote for this thread or not, but please give input. I've now been scammed by 2 members of BP, and know of others that have also been scammed. I've also received some suggestions from Vikram, ...
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My husband and I have only done one deal in the past year (out of state), and we want to crank things up and get more things happening. We've been able to save enough to do something in the Southern California market,...
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I'm looking for recommendations for a future STR. Would prefer responses from people with actual, personal experience.Requirements:1. Single-family residence, not a condo or timeshare2. On the beach3. Cash flows.I'm o...
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Hello all! I am in a dillema and that is whether I should purchase an engagement ring or use the money to put down on my first house. Here is some info about me:My girlfriend and I have been dating for 6 years (since ...
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I'm at a seminar in Dallas . The guru is Phil Grove. The sales pitch is now happening. Does anybody know if this is worthwhile? A ripoff?
I sold my duplex and I’m sitting on a pile of cash. Moving forward I will implement the BRRRR strategy to get up to 10 properties, recycling as much capital as possible. I’m excited to move forward in my REI career, b...
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I have a problem with paying people by percentage rather than pay per hour.For example, nearly every single property manager charges a percentage of the rent 6% to 10% of the monthly rent for property management fees....
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I just finished reading Christine Karpinski's book 'How to Rent Vacation Properties by Owner' . The slant of it was that if you manage yourself and use portals like Airbnb, vrbo, etc. you can break even or even get po...
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I met with an electrician about upgrading and updating all the electrical at my house.
He sent me the quote the next day and I agreed.
That evening he turned up at my house to collect $500 cash to buy materials.
I sai...