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I'm just about to close on my first rental property (house-hacking a duplex in a small town outside of San Diego, CA). The previous Landlord raised rents 3-5% every year on this property, so it is currently rented fo...
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We are seeing more and more syndications and funds getting into trouble. And while years will have to pass before we can really understand the nuances of what leads to losses in each deal, and how to parse out what is...
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Hello everyone!I am a new real estate investor starting out in wholesale. I have been trying to learn more about wholesale and have found out that there are two camps pertaining to this subject.There are people who be...
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We are currently in the middle of a scam by erentpayment.com. They have taken money deposited by our tenants and have refused to pay us. They have been very limiting with information and turned their phones off and ...
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Some Perspective... 0.15%
That's the percent of American people who have Covid-19 at the time of this writing. NOT even 1% of the total population.
Suppose the disease were to quadruple before this is over, that w...
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Overcoming the mindset of paying down mortgages is a dilemma for me. Considering the low interest rates I am going to refinance a couple of my SFH rentals and my primary residence. It makes financial sense to me to ...
Ugh, so today was a big challenge that, sadly, made me pause and question how the heck I'm going to do real estate with a new baby. I know I can do it... I'M DETERMINED TO! But I need advice. How do others do it? ...
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Chances are if you have done a few wholesale deals in your day, then you have heard someone gripe about the dangers of dealing with wholesalers. Typical comments from someone that has been burned from wholesalers in t...
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Here's a chart that I saw today from a reliable source. It shows the total debt of households, businesses and the government. There are two things that are quite clear from the chart:
1. Total debt has increased e...
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@Bill Labrecque and I closed yesterday on a 2-family flip in Southington, Connecticut. As project progresses we will document the progress on this thread.Here are some of the key numbers:
Purchase Price: $87,500...