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Hello all. My family and I have had enough of getting ahead just to get knocked back down. We are ready to start seeking a 2nd string of income that can help us weather the bad luck. Both of us have good jobs and thin...
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Hi BP! I wanted to share my rookie mistake. We have purchased two SFH with inherited tenants. The first was in February and the second this past month. While we were closing on the second rental, we did a new lease fo...
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Hi BP.! I am trying to narrow down the strategy I'd like to used to get started. As I look at properties around me, I am stuck between (1) entering REI with a flip to gain more investing captial and (2) acquiring a pr...
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I am new to real estate investment. I am located in Connecticut. The markets I am interested in are New Haven, East Haven, Wethersfield, Hartford, West Hartford, Middletown, Glastonbury, Cromwell, Rocky Hill areas.I h...
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Hi guys, I read reports on real estate investing and there is something I do not understand. Please enlighten me. I saw something inside the report like CAP RATE 15.2% ....
What is
- The meaning of CAP RATE in laym...
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Hi,Today, I saw there are many listings in Joshua tree, Twentynine palms, yucca valley, etc.I know real-estate market is slow. However if they do good STR business, then there is no reason for them to sell their house...
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Hi,I’m starting this conversation to know more about both Markets. I’ve been told many people call Toledo little Detroit but i don’t know what that means. From my research both Toledo & Detroit favor cash flow ove...
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Good evening Bigger Pockets community! First post here. I’m just starting out and live in Wichita KS. I’ve evaluated over 700-800 properties so far and been beat out by cash offers on the few I have been interested in...
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I just put this property under contract at $417k on an FHA WHERE MY MORTGAGE SHOULD BE ABOUT $2,700, with $14,700 down. The property is .96 acres and it is zoned "light commercial "as you can see from the pictures I...
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Hello,I'm looking for some input on how to resolve issues I found during a rental inspection yesterday.I performed an inspection of a house that has been rented for 6 months. Lease is 1 year term. The tenants are a wo...