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How do I go about vetting a local hard money lender? I want to be fair and pay the lender for their services, however I want to ensure my assets are protected.
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I AM A BANKER AND PART TIME REAL ESTATE INVESTOR, LOOKING TO GROW MY REAL ESTATE BUSINESS TO A POINT THAT I MAY TRANSITION TO BEING A FULL TIME INVESTOR. MY DUPLEX (TOPIC OF THIS THREAD) WAS PURCHASED THIS YEAR FOR $1...
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NOTE: this is our first BRRR!!!
Purchase details:
Duplex in Jefferson County NY, originally listed as 3 bed/1 bath on each side. 1 side was rehabbed and occupied by previous owner, 2nd side was essentially gutted (...
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I stumbled across this post on Dave Ramsey's website today:
http://www.daveramsey.com/blog/why-family-and-real-estate-dont-mix
Overall I think he's got some good points. I've closed a couple of deals with family in ...
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Although I've made massive equity gains from my real estate portfolio of single family homes, in just a short period of time, it seems to me that too much of the proceeds go to transaction costs when selling. I have n...
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We all know that the wacko environmentalists want to stop global warming, aka 'climate change' now that the temperature has inconveniently stopped going up. Anyway, even if we pretended that we believed that global w...
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This is a first for me. I have a tenant that pays early and takes care of the place bot wont get along with the Ukranian neighbors. She is going month to month so can i just give her 30 days written notice to vacate a...
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I'm looking to purchase some small rental property out in Connecticut, Possibly Hartford , and I would like to know if anyone has dealt with this area and what I should be expecting. Also, if there are any other area ...
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I live near St Louis,MO and see so many big old homes for sale in the $20,000 to 40,000 range. What advise would you give to a newbie looking to get started? The zip code I am referring to is 63115. I am looking fo...
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I went to a REI club meeting earlier this week, and the vast majority of the meeting was spent listening to other members' success stories from throughout the year. We were able to hear what other investors have done...