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Hello, I am in the process of fixing up a 1978 mobile home that I purchased last year (it came with tenant who gave notice last month). I bought the property mainly for the value in the land (located in a highly desir...
Hi, I am considering relo to Colorado. The laws about pre-forclosure "consultants-purchacers" are extensive! Co state has a huge "consumer awareness campaign".The seller can cancell a contract at any time. A public tr...
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Hello Everyone,
New guy here from the Philadelphia suburbs and I’m looking to learn as much about flipping houses and selling them for a profit. I was introduced to this site from a coworker a...
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I will be signing a contract with contractor tomorrow for home repairs prior to renting (hoping I can find tenant by Feb 1). Couple of questions:1. Is paying by cash a good idea for ~$2000 repairs as the contractor is...
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I found a property that seems to be an awesome deal, but I think it's abandoned; it's in an area that I visit a lot and I haven't seen anybody enter or leave the property in months. I even knocked on the door for abou...
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Dear BP Members,
I'm new to BP, and although I work in the investment world full-time, REI is new territory for me. For those who've found success in REI, please describe your first financing deal? Also, what is your...
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Ignorant Newbie Question...
Just out of curiosity, has anyone included verbiage in their rules, or as a card in their welcome binder simply asking the guest to please not misuse or trash the place?
What about puttin...
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Hi all - first post here, but not new to the community! We have 3 doors in Winston Salem, and are exploring doing our first purchase that would involve a rehab. I understand the high level strategy of the BRRRR method...
Hey,I recently been using QuickBooks for my rental properties, but I still don't really see a big need for it? Will using QB be beneficial for my business? Someone told me It will help me get Business loans in the fut...
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When working with Tenant-Buyers I've gotten some questions about rent credits and why they aren't offered when buying one of my properties. While I do offer a certain percentage towards cc at settlement it's not on a ...