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Making my first purchase offer without using the assistance of a realtor. The listing agent told me the realty company to make the deposit check out to. How can I make sure this money is going to be handled properly...
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I was on the phone yesterday with an investor from California who asked for our advice in analyzing a few wholesale deals he had been offered here in Birmingham, Alabama.It's such a common conversation I thought it wo...
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Hello All! I’m closing on my first rental property 4plex that I will be house hacking living in one of the units. For the rental income and to keep everything separate. The property will be in my personal name. Shoul...
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How important is cash on cash concept versus other components of analysis of a rehab or rental? what percentage is acceptable to an investor to move forward with a deal?
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Hi Everyone, Couple of months ago I got involved in a short sale. The broker gave us a BPO of $140k. Suggested I bid 120. I bid 110. Couple months later the bank came back with their appraisal of 170. Broker said thei...
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I listened to the podcast on asset protection, and honestly dismissed it for a couple of weeks. However, the more I am learning about RE, the more I realized that I need to have an asset protection, estate planning an...
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2021 was a great year business wise.Had lots of great transactions with clients buying NNN properties.Personally I bought a value add 14k sq ft retail center and a dark auto store to reposition.Additionally closed on ...
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Hello every one. I am located near the shoreline in South East Connecticut. I am having difficulty filling one of my units in a up/down duplex on the nice side of town. The unit is completely remodeled and new applian...
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Well, it finally happened. One of my tenants (in a duplex- so that plays into it) is claiming they have bed bugs. They believe they came from the house next door (not the other side of the duplex) that recently had al...
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Hi BPers,I am in the process of buying a property with a friend. I would like to get a recommendation of which entity to form. We are a 50/50 partnership for both cash flow, equity gain, decision, .... etc.I am debati...