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At least once a week, I got a message on here from an investor looking to buy a condo or townhome to use as a short term rental for AirBnb in the Phoenix Metro Area or Flagstaff.Having discussed the pros and cons with...
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I've seen a lot of posts about people eager to start an RAL and wanted to share some of the costly lessons I have learned and hopefully you can realize it before embarking on these projects. I've noticed the usual pos...
Hi BP!I recently purchased my first residential property, no financing. I purchased this as a rental property, and I am aiming to have it rent for $4000-$5000 a month. It should be ready in about a week for photos to ...
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Hello everyone,
My magazine, WorkingRE has done a great interview with Kyle Lagow - the man who blew the whistle on Countrywide that they were involved in Fraudulent appraisals. He sheds light on some of the unethica...
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Does anyone usually verify that the general contractor they are hiring are licensed and insured? How does one verify this information?
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I want to purchase a SFH (single family home) for short term rental, I am hesitating between Nashville and Orlando. Which market is better for cash-flow (cash on cash return) , house affordability and/or appreciation...
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Hi there,
I have 5 SFR and 2 duplexes (3 of the SFR are fully paid for with no mortgages). But I want to scale up and get into 10+ multi-family apartments.
Should I sell the SFRs in order to buy the apartment build...
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I will be purchasing my first property in the next month or two so I want to set up business accounts with my bank to keep all of my REI money separate from personal money. I've read all the arguments for and against...
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Hi All,Im an investor in South Carolina and I'm interested in determining my state's specific exemptions (if any) to the SAFE ACT.I have tried googling every logical term I can think of (i.e. "safe act exemptions sout...
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On a different thread, I was challenged by my usual sparring partner @Eamonn McElroy. Our purely theoretical disagreement was over a $100k excavator to be used in a rental business, which I'd call a stretch to even co...