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we recently lost jobs, my husband will loose his in October. I have some money in a IRA. About 13kI own a condo rental in another state. It's in a killer location in Dallas. Rents for $900/mo. Old building near new st...
Hello BP folks! I believe in law of attraction. Last year I joined BP and included in my goal to add another property before the end of this year (2016). Last week, I received a call from my mother that she wants me t...
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Hi, I recently added a 4th bedroom and an ADU to a property that was previously 3 bedrooms. I got all of the required permits, and have final inspections. What steps must I take to list this as a 5-bedroom house for s...
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Hello, I am looking at buying a multifamily property with 4 units. I already have one apartment for rent, mortgage free, and I was wondering what is smarter as I need to get a loan for this new one:- smaller mortgage ...
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Hi There,I have a single family investment property I am trying to rent in a gated community in the Brandon, FL (Tampa) area. I have used property managers in the past, but the relationship inevitably sours as they ...
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In my area, rental rates have caught up to market home values. But vacancy rates doubled which wipes out your profit to the point of negative cash flow territory if you have a newer mortgage with a higher rate.
The n...
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Hi! I'm a small investor in the DC area and looking to expand over the next few years. My day job, which I love, is all about managing REO programs for a GSE (I'm happy to help answer relevant questions on that front)...
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What is your opinion?
Personally I think it is a terrible idea. It's just gonna slow the bleeding, at least until rates adjust again and we are back in the same situation. I swear, when I hear Bush promoting it I g...
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The BRRRR method: Buy, Rehab, Rent, Refinance then Repeat.
This investment strategy attempts to maximize return while deploying the least amount of capital. The idea is simple, put as little down as possible in orde...
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Let me start by thanking my parents, mentors and everyone in the bigger pockets. I came to USA in 2014 with just $400 and joined a 2 year Master's in Computer Science Program in NJIT,i completed this in just 10 months...