In my current situation, I'm wondering what I should do. There is a lot of talk about being at the height of the market and a downturn looming. I currently live in Los Angeles, CA with my wife and our 11 month old c...
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So it looks like the second wave of the virus is picking up throughout the US with certains states getting hit harder than others. Over the last couple days I've had two cancellations, and a handful more inquiries cha...
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Hi BP, I have been researching, reading and listening to everything I can find in REI for the last few months. I feel that settling on the plan to follow is the biggest hurdle. I am pretty sure I now understand my inv...
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The 2% rule TEST is a quick screening tool for rentals. It says:"The monthly rent should be about 2% of the purchase price for a rental to be a good cash flowing rental"I really don't know when People here started us...
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Hi All, I am planning to invest in Bakersfield, CA and looking to build a local team. Can you please recommend Property Managers in the Bakersfield Area. Thanks!
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How is your MF market price appreciation?I hear a lot of folks claiming their market is on "fire", but nobody ever supports that with data...our local MF market in Columbus, Ohio has appreciated at a year-over average...
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As I continue to explore and prepare to be a REI I am finding people around me being very doubtful and advising against. The feedback is always about the headaches, constant tenant problems, constant repairs, evictio...
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Hi everyone,
I currently live in the Bay Area (California) and I’m interested in getting into real estate investment. My goal is to start out buying a multi-unit property in early 2021. Ideally, it’d be somewhere in...
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BP,I was speaking with a friend of mine who recently began working for a financial group. She mentioned that she had a few clients that had use their overfunded life insurance policy as financing for a deal. Basically...
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We had someone come to Birmingham from Miami over the weekend to check on five houses that he bought for ‘clients’. Here’s a snapshot of the situation: He’s owned these properties somewhere around a yearHe’s never se...