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Statistical data from the 2012 US Census shows that the growth rate of many cities in the U.S. has recently surpassed that of suburban areas. Much has been made of this in the media as an evolving trend. However, what...
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Looking to purchase my first multi family, was wondering what is the best way to transfer or other ways to make tenants pay for water and sewage?
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Am finding the better cash flow is in the tougher neighborhoods and would appreciate thoughts on the matter.Stay away from the tougher areas?Am looking in the Newark,NJ Jersey City,Elizabeth areas.
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Hello, I am writing an offer for a property that is currently rented at market rent value. The seller wants to close urgently and in addition to negotiating the price, I would like the seller to negotiate with the cur...
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Hello Bigger Pockets Community!
We would appreciate your advice….
Background: our intent is to build a multi-family triplex with a long term buy and hold mindset. The current state…
* We own a multi-family zoned pl...
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I have a rental that was a live-in flip. I'm at 63% LTV between a first and a HELOC. Both the First and the HELOC are in my personal name since I lived there for 5 years before moving and renting it out. Now I want to...
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Good morning BP! I'm planning to put a offer in a multi family property. According to the seller the 2nd floor will be vacant at closing and the 1st floor will be occupied by a tenant paying $1,000 rent month to month...
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Hi fellow BP'ers! I have been a lurker here for quite a while and decided I would jump in and get my feet wet! I am a newer RE agent here in Colorado (2014) and have been wanting to invest in rentals. I currently do n...
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According to the February 2024 market report from the Austin Board of REALTORS®, the median home price in the City of Austin fell modestly by 2.8% to $543,200 over the past 12 months. However, the greater metro area f...
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I would like to know people's opinion on an idea I have below. I have some (but not a ton) of experience renting and selling properties and would like to know if something is flawed in my logic. Of course I would do a...