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Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
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I am interested in buying deplexs in cleveland with 100% cash and was just wondering what tips or advice other investors can point out to me
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I'd like to talk about this topic with everybody because I feel its a legitimate problem. WIth a recession upon us we know the housing boom was part of it. Including the fact that some entire housing developments were...
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Here's an actual BRRR (Buy-Renovate-Rent-Refinance) deal, with a $2.2M profit if we sell it or a $15,170/month cashflow if we keep it.
But before I share with you the details, a word of CAUTION to the newbie investor...
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Introduction
My intentions here is not to do a quick look at the numbers but a deep dive into the entire experience of doing my first development. I did break this down into sections so that you can skip to area of i...
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I showed a rental today to a possible tenant, who for all intents and purposes, checked all the boxes, they agreed to sign a 12 month lease @$1000 a month and pay $1000 security deposit. Non smoker, no pets, makes 70K...