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Greetings, I am 36, father of a 3 year old boy. My wife and I have been thinking about investing in real estate for a while and have a small down payment to get started. (Under 50k) I am working on the criteria and ...
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Hello BP people, I want to revisit an old deal I have previously posted. My numbers on repairs/rehab are still rough estimates at this moment, it is just an estimate based on what I have seen so far.*These numbers re...
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In 2008 I purchased my first home and qualified for the $7500 tax credit loan that requires a repayment over the next 15 years. I made the $500 payment in 2010 and 2011 but in 2012 I converted my home to a rental pro...
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Hi, All. We are currently in an Earnest Money dispute. We were set to close on a vacation/investment property and at the 12th hour (literally 2 weeks prior to us thinking we were to close), our lender said the prope...
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We have a duplex rented out as student housing on a yearly lease in Philadelphia. Before move in, tenants are required to pay 1st, last months' rent and one month rent as security deposit. Based on contract we have wi...
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Hello Chicago Landlords, I just read this today! This is great to know, as most of attorneys have always told me that the security deposit cannot be used towards the last month rent, even when the tenant did not pay h...
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I’ve noticed that one of my tenants consistently pays the rent on the 5th of each month. My lease states that rent is due on the 1st of the month with a 3 day grace period (this tenant specifically asked for 3 days). ...
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Hello Biggerpockets colleagues,I am at a crossroad. As my real estate portfolio has grown over the years both in terms of the number, types and location of the properties, including across states, I have continued to ...