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Did you see the Wall Street Journal article today? Huge investigation of multifamily mortgage fraud. One thing they did was fake occupancy by having radios playing in vacant units! Several complexes are facing fore...
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Hey friends
Wish I was smart enough to be giving this answer but I’m here for wisdom insteadwe are down in San Diego, and what’s happening with prices and inflation drove us to buy a duplex in South Park. It’s worki...
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Are we headed for another bust? I came across the the following interesting articles (note - the author paints a bleak picture of economic environment).
Interesting article about how banks are doing sub-prime...
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This is in SF bay area so 50% rule doesn't apply :-). Newbie here so looking at my first deal.Price - 500KDown 25% - 125KAnnual income - 33KAnnual expense (Craigslist) - 26K(Annual interest - 15KTax - 5.5KHOA, repair...
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How has COVID effected your real estate business?Are you buying less? Why?Are your rentals struggling? Why?Are you chugging along like normal? Why?
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In my journey into investing I kept hearing a lot about the difficulties & uncertainties that come along with finding a reliable general contractor or tradesmen when investing. Now in 2021 with the way materials ...
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Hey All, I am just stopping by to re-iterate the fact that you can find deals in any market. With the news headlines and rates skyrocketing, it might discourage someone from getting into real estate. However, you can'...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $75,000
Cash invested: $18,500
Sale price: $142,000
First Fix and Flip Done
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Pending home sales declined 7.7% compared to last month, and are down 7.4% compared to one year ago. Why does this matter? Pending sales are a forward-looking indicator of home sales based on contract signings. April'...
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https://mortgageorb.com/forecl...Foreclosure filings are up 132% from a year ago. Yes, one hundred thirty-two percent... and the housing market is showing signs of slowing. On the first point... I'm wondering if the c...