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I see that it is a common goal for Buy & Hold investors to own several rental properties. Wouldn't having multiple mortgages expose someone to an excessive amount of risk? Suppose there's a market crash, rental ra...
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I have a seller willing to carry owner financing with no money down, principle only payments with a 2 year balloon. The payments she is willing to take would result in a negative cash flow when rented for the 2 ye...
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Hey BPers!
I'm tackling a couple of strategies to diversify my investment knowledge and I am currently in escrow for 3 turnkey properties from the same provider (C neighborhoods, SFR between $65K-75K, projected numbe...
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"Why I Borrow for the Terms I Do How I handle the Balloon Payment"I almost always borrow money from private lenders to buy my houses. I borrow at the following terms;$0 Down payment8% InterestInterest Only5 yr TermNon...
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About a month ago I started working with a local broker who is also a property manager for our investors. He has been doing this for 28 years so I learn so much. Here's what I learned just last week...We received a ...
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When we formed our first company, about 10 years ago, we chose an LLC format and that has worked out fine. We carry umbrella liability on the LLC and each property is added to the policy as they are purchased.
Base...
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What program do I need to buy to figure out if the houses I find are Good deals or not? I’m new.
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Hi my name is Mike and I was to rent out my property. What are some key things to research when hiring a property manager or company? Thanks Mike!
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I recently signed up for BiggerPockets and I am extremely grateful to all the material they have put together. I have listened to a lot of podcasts so far (have not signed in Netflix for a while). I recently bought ...
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Northeast LA(NELA)/ Downtown vs Inglewood/South Bay --as far as "gentrification areas" within LA County. Are you guys hotter on the Inglewood area or Northeast LA/ Downtown Los Angeles?Inglewood is closer to the beac...