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Hello BP community,
Earlier this year, I started my real estate journey. For the past few months, I've been accumulating as much information as possible. I've read a good amount of books, been listening to podcasts, ...
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A little over a year ago I bought a triplex in Chelsea with 2 tenants in place. I've poured a lot of money into repairs because previous landlord didn't take care of anything, then I put in a 3rd tenant. I've been luc...
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I’ve been doing my research and reading and running numbers but I’m having an issue. I’ll submit offers on places which I think are good deals but within a day I start getting panic attacks and it ends up with me back...
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Unbelievable. And to think I just submitted/paid my Q4 quarterly STR taxes to the city and this is what I get in return? What options do I have here in terms of compensation? Sure, things happen and I can live with...
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BP community--I went under contract on a north side Chicago multifamily property (4-flat) this week (thanks @Brie Schmidt ). Basic inspection (thanks @George Foster ) and mold inspection occurred on Wednesday. There ...
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Hello fellow BP members!I wanted to ask for your advice regarding a decision I’m putting in front of myself: I’m trying to decide if my next investment property should be a play for appreciation or cash flowI’ll try t...
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Just wondering if there could be any issues with unknowingly renting to illegal immigrants. As a landlord, are we responsible for inquiring as to their citizenship? Could we get into trouble legally if we don’t?
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Is it safer to own a property free and clear rather than leveraging? If the real estate market crashes again like it did in 2007-2008 aren't people who are leveraging at a risk to loose everything?
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Executive Summary:Because of the real estate I own, and prospective potential purchases, I wanted to know more about where we are in the real estate cycle in the SF Bay Area. Inspired by great students and researchers...
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Real Estate Myths. I am glad my Mentor @Karl Krentzel is willing to tell me the truth so I can get deals DONE. Her are a few myths he helped me DEBUNK1) Myth #1 Realtors mess up deals and are a waste of time.False - ...