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Hey everyone,Hopefully this finds you all healthy and happy in this crazy year we’re having!I’ve been feeling somewhat overwhelmed with my current(also first) investment deal and wanted to reach out to the community t...
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We currently are house hacking a duplex. The property is in great shape near everything you could ask for. It is also near a massive medical campus that is constantly growing in a decent size metropolitan area. We ...
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Hello forum,I am an online seller and recently I had problems with a scammer. The guy stole an item that was listed on Amazon. He purchased an item from my store and I shipped it. After 12 days, he wanted a refund bec...
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My husband and I just closed on a duplex today. I dropped off a letter to the new tenants giving them my contact information, new lease, etc. In my letter I ask them to let me know if there are any repair concerns.L...
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Hello BP friends! What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue) At day 1 of owning the property, do you typically have some $ sitting in the reserve?
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I am buying a duplex, the seller (or should i say their agent that they communicate through) has been very aggressive, requesting “best and highest” offers from everyone at first. I won’t go into details but we are in...
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Hi everyone,I just purchased my first fix-n-flip and am looking for some advice on saving $$$ and hassle.Scenario 1: Partner with a contractor (consists of 2 people) to save on building and split profits (split would...
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I am in the process of trying to purchase my first flip and am applying for a construction loan. The bank is requiring a description of what I will be doing and cost of the project.When rehabbing a house, do you calcu...
Hi Guys,I never wrote a letter for this purpose before, please advise if this letter is appropriate. The context is the tenant caused a lot of damage to the property and I am keeping all the security deposit towards r...
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It doesn't work on discounted items, so I am thinking no because the package does discount the items but not sure exactly how it rings up.