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Hi – looking for some advice on getting an off-market house officially under contract. The back story is there is a property we want that has essentially been abandoned by the owners for many years. We wrote them a ...
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Investment Info:
Single-family residence buy & hold investment in Chicago.
Purchase price: $117,000
Cash invested: $7,000
I purchased this single family home in the summer of 2019 and have been d...
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I was in contract to sell my house in Feb 2020 when all the covid was just starting. The buyers agent just notified me that the buyer is backing out now because he was using his 401k money to retire with and now that ...
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Just thought I'd share. I'm closing on my next property which is a 2-unit this week. This will bring my total number of units to 8. I started investing in May of 2013.
When I started to invest my personal goals were...
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Hello BP Community! BP is an absolute godsend and has helped make the purchase of my first 2 properties over a year and a half as painless as possible. My properties are located in Houston, TX and were purchased for $...
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Hi all, I'm wondering if anyone has had recent experience with a BNI group from the perspective of growing local real estate investment contacts/team/resources? If so, it would be great to hear about your experience,...
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Hey BP family after listening to a few Podcast I'm starting to rethink instead of buy and hold using the little cash I have I think wholesaling might be the better choice.Was wondering What type of monthly budget I sh...
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I have a self-directed IRA. I collect interest on loans made out of that account. Does the custodian or I have the requirement to send a 1098 to the borrower? I should at least keep track of that and let the borrower ...
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Hi all!
I have been lurking for months and this is the first time I have a question I can't find an answer to! My wife and I bought our first rental property and have been setting up our business and such. Our lawyer...
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We are selling a property via owner finance, but wrapping our current mortgage. The confusion is how to handle the insurance. I am getting different answers as to if we both need to carry coverage with us making the f...