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Hi all, first post so bear with me.I became an accidental Landlord almost 2 years ago when we rented our townhouse. I'm currently in a 30 yr loan at 4.25%. Not clearing much after PITI and HOA fee (less than $100 pe...
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Hi there I have recently come across some properties with fire damage. My question is how do other investors feel about these type of properties to invest in or does it matter the type of damage the fire has done
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Most software (I use Buildium) comes with standard income/expense accounts. Are there any custom accounts or subcategories you would recommend for write-off purposes or just a general overview of a property at the end...
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Hello everyone,
I am brand new to this forum and happy to be a part of it.
I'm a freelance copywriter -- looking to start my second business as a real estate investor. In the past I've worked for building rehabbers....
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what are the best startgies to make sure the property is worth it or not site unseen? some neighborhoods can be tricky. do you send a contarctor out? somebody other than the agent, how do you manage renovation out of ...
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So I am looking at potentially purchasing an over/under duplex (ground level and basement). My question has to do with what would be a shared laundry room that is in an open room tied to a hallway leading outside. ...
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recently heard of someone purchasing through foreclosure. And there are some unknowns involved with that. Are tenants still in it? If so you don’t know the whole situation of the rehab. Is the electric cut off? You...
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Dear members, My name is Moshe, very new to RE investing, reading and learning as I go. I was able to meet a wholesaler with the following deal: Location: Shamokin, PAAge: 50 years Units: 10-2 BD's and 10-1 BD'sAverag...
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If you pay for a property in cash, can you mortgage it after the fact? These days, with the housing market so hot, coming with a cash offer might move one to the front of the line. But, tying up $200-$300K in one prop...
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I have read several threads on this, but I am a newbie and still a bit confused.We are married filing jointly with an income close to 150k last year. We own one rental property. No actual profit last year. Our monthly...