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Hi Everyone! Just getting into the property space and continuing to do my homework as I wait out this period and prepare to jump into my first property using the BRRR method. I’m excited to get started and as I contin...
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Current property investors in Maine, do you find that the 1% rule is a good indicator for our area considering the cost to heat and remove snow that is incurred during the winter months? I’ve started casually browsing...
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I wonder if anyone could help me with some pointers or questions on interviewing hard money lenders, banks for financing or refinancing investment properties.If you also know of a book that addresses this specificall...
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Hello BP community - we are new landlords and we are having some issues with our side-by-side duplex. We have installed a mini split in their unit which is located upstairs. The downstairs receives some heat/AC from t...
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Really thought I would have an easier time finding a consistent definition of this by googling.
Can someone lay out for me what of the following goes into the expense part of the 50% ratio?:
[/u]Hard, real costs (eg...
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I'm trying to locate a quality GC with experience in fixing old home floors that have settled. I'm assuming the work will include jacking up the low areas and sister in additional joices where needed. I know most GC'...
Bought a 3/1 REO in a nice neighborhood in rural Maine. The market is currently enjoying an absorption rate of 3.5 months for properties in the targeted price range. (We are targeting four area codes in a growing area...
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Dear SOCAL Bigger Pocket Community,My wife and I are trying to do an owner-occupied real estate deal. This will be our first house/investment. Areas of interest (approx 40 mins commute to Malibu) = eastern part of Ven...
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Hi there! My husband and I have 3 little ones, 7 and under. We are in the Central Florida area and have been considering house hacking our primary home. I'd like to get feedback and your perspectives of the pros and c...
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Hello all --
I'm looking at a 2000 sqft house (main level) with 1200 sqft walkout basement. The place is almost set up perfectly to rent the top and live in the bottom (fencing, entrances, everything is perfect).
T...