My family was in a tenant in common situation at the cousins level now. We had a cousin sell his 1/8 interest to a firm that is a licensed real estate brokerage firm but also bills itself as a developer.The local boa...
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Hello,New to BP but have been lurking for the past several months. I am curious to know how many physician real estate investors are on the forum and if they can offer up their specific experience of getting into real...
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There are so many new operators in the STR field now, and the questions about certain things are mind-boggling. STR is a hospitality business first, and a for-profit business second (if you want to succeed). Your gues...
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Hi all,This post is to introduce myself and get involved with the BP community. My wife and I are NC residents near Durham and are finally ready to invest in real estate. We have owned 3 primary residences and sold 2 ...
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Ok, so we had to close on a deal that was meant to be a contract assignment. Here are the numbers:
ARV 110k
Repairs 20-25k
Rent 950-1000
Originally asking 35k
Bought for 20k, had to repair the back extension (mechanic...
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Hello,
So, the inspection report came back with multiple hazardous flags that needs to be addressed , but the most one that it is expensive (25k cost) is the" knob and tube issues "of the electrical stuff. Its old ho...