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Hello fellow Jacksonville BP'ers,My wife and I are California investors, with properties in Phoenix, and we're just starting a neighborhood research journey into the Jacksonville market to incorporate the BRRRR strate...
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Hi guys!I'm trying to analyze deals for house hacking (renting by the room) and am re-evaluating the way I calculate reserves. Currently, I use a percent multiplier by rent: 5% for repairs/maintenance, 8% for vacancy,...
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Hello all,
I recently came up across a small apartment complex (4 buildings, total of 22 units) which would be part of a 1031 exchange from a previously sold retail plaza. The potential downside is that most of the...
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Hi, I have the opportunity to purchase a cabin in Lake Lure, NC. Nothing fancy, just a small cabin with may need some repairs. The cabin belongs to an acquaintance who doesn't want it anymore and is giving me the opti...
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Hi all, I'm a new real estate investor out of Colorado Springs and I just acquired a duplex a few months back. The property was a SFH that was legally converted into a duplex some time ago and we knew when we bought t...
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Hi BP!I am in the process of buying my first property and we have a 12 year old water heater. The inspector recommends replacing it, but the contractor says it should go on for a long time.My question is: how long doe...
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Median home price in all four counties in the mid-to-high 20% range. In July, we were closer to 30% year over year, so this slight decline is to be expected with seasonality at play. The market fundamentals of suppl...
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I took possession of a foreclosure property today in Colorado Springs (El Paso county). The place was not empty, but appears deserted. The water and electric is off and the fridge still has food in it... uugggh. There...
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Curious if anyone has info on the new build community in Sterling Ranch. I have some clients interested in this area and am curious about it since I have never looked there. This is not really an investment question...
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I understand the word deal is relative in Scottsdale. Expensive shopping, literally. Going to be there end of this week to hit seminar and hopefully source a new deal(s). Throwing out general 'hello' to chum the wa...