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Hello Wonderful Bigger Pockets Community!
I have been lurking around BiggerPockets for a decent amount of time now. I was fortunate it enough to sell a successful business late last year and after discovering...
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Background: The economy is on a tear, but trees don't grow to the sky. At some point, it will over-extend and go into recession when financial commitments default.Last time, the trigger was a default on home mortgage...
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If one were to invest out of state, what would be the proper way to oversee improvements and management. In other words what should your infrastructure look like and how can you protect against property managers, con...
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Hello BP family,
Virgin multifam buy-and-hold investor here.
I’m trying to buy a 2-4 -unit with conventional financing (already pre qualified) in Allentown, PA. My offers are based on healthy cash flow; min. $150/do...
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This came up in another thread and I thought it worth having its own discussion.
What do you think would encourage those people who come and read the site (available to non-members) to sign up and participate?
Ideas...
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There’s a few of rehab/fix and flip lenders out there offering 100% financing, no money down. This seems too good to be true. Has anyone here had an experience with one of these lenders that promises 100% on rehabs? ...
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I have been marketing to sellers which cost $$$I spoke to a local wholesaler that markets others deals to her buyers list. He told me he spends most of his time marketing for buyers. In fact there two big wholesalers ...
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Hi, I'm currently looking for my first investment property. It seems to me Turnkey properties will be the fastest way to get my portfolio started. Wondering...what are yall's thoughts on turnkey properties? Are the nu...
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I have a newbie question.What differences are there in analyzing a lease option property versus combining buy and hold analysis with a flip analysis?I want to have LO as an exit strategy along with Flip and Hold.I kno...
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.