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So quick backstory about me.. I have 2 rental properties on Long Island, NY and they're both located in the same town.
Property #1
-Legal 2-family duplex (2 units)
-Does not need to be owner-occupied since it’s a l...
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Took a chance on a young lady with 4 kids, as many landlords know, kids can be very detrimental to a property. A large percentage of landlords discriminate against children in the application process... I decided not ...
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Hi all. I am wondering what my liability is when someone fell down my roof. Recently it was raining hard. Tenant called me, and I asked another tenant who had repaired roofs for me before. He has no license. He then t...
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At the time of screening, he had a credit score of around 600-615. 94% time on-time payment and one collection. I took a risk as this tenant has a family. Tenant was more than willing to get into the property(as he ga...
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Hello all. Apparently, the best terms on an investment property are currently 5.25-5.375% with 25% down, and 5.75-5.875% with 20% down, this is with a 740++ credit score. 30 year fixed. This is what a reputable lender...
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There are people purporting to be experienced "syndicators" who have marketed themselves very well, but they lack operational experience. Many "syndicators" have been unable or unwilling to find their own deals and so...
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I just moved out of my primary house, which I am converting to a rental. I hired a LifeStyles Unlimited (real estate investors club) recommended vendor from their magic vendor list. Regardless, it appears that this ...
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Name something you've learned from someone on BiggerPockets (podcast, forums, blog, whatever) and tag the person from whom you learned it. Name as many people as you want, but please limit your posts to one-person...
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Many people on BiggerPockets (at least on the podcasts) have credited their start to investing in real estate to reading Robert Kiyosaki’s book Rich Dad Poor Dad; myself included. However, there are also some investor...
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I posted a question before if anyone knew how to find vacant properties besides contacting cities and driving neighborhoods. Shocked that nobody responded with an answer.We find that only larger cities have these reco...