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There seems to be a common sentiment that buying turnkey rental properties means you are leaving money on the table. I understand this viewpoint because the turnkey company does have to make money somehow and their pr...
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For a home purchase in California, we agreed to have a 14-day appraisal contingency. The appraisal took 20 days instead, and came $40K lower. Does the contingency still remain intact until removed in writing? Or becau...
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Hi All, my name is Suzette and I currently live in Long Beach, Cali! I'm here to learn and start and grow my REI business.
My goal is to start with a house hack and continue from there. That being said, I'm lookin...
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Hello everyone,I put an offer on a property that I plan on living in and then fixing it into a short term rental.Asking price was 179,900. I offered 170,000. Seller countered with 175,000. Are we in the market to ask ...
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"Whether you’re trying to lower your cable bill or attempting to close on a million-dollar real estate deal, the ability to negotiate is a valuable skill in the field of wealth-building."Here are ways to do it: 5 Hack...
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Hi BP family,SO.... I'm getting ready to close on a seven family property in a few weeks, the inspection went well but the appraisal came in lower than I expected. The bank is still offering financing but I'm wonderin...
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Hello All! I am totally new to this and decided to call FSBO's and connected with someone in another state about a property in CT. The property is free & clear and the owner is willing to do a lease purchase with ...
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Recently I have bounced around the idea of bumping up to the next bracket...apartment complex investing. I am seeing quite a few do this practice of what seems "padding the numbers". I have noticed that in order to ju...
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I recently purchased a property at the judicial auction, so I inherited the past due water bill as well. Its about $2,000 plus a reconnection fee. Its my first investment, so I'm trying to figure out if anyone has bee...
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Good morning BP, As a first time investor and newbie I have a few questions about the infamous "sold as is".1) What does the seller usually mean by "as is"? My basic understanding is that the seller will not do any re...