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I found a portfolio to purchase that I believe will be quite lucrative we’re talking 22% cap rate! The owner will finance me 1.8million of the purchase price but 15year 10% for 5 then 12% then 14% for the last 5.I’m a...
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Can anyone care to share some ideas on how to lower the risk (even if it means to lower the possible reward)? Thanks
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Hi everybody,
I’m closing in a week on a house and today I spoke with my banker who said something which left me scratching my head.
First, I’m buying the property well below its value. The purchase ...
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My wife and I have been following Bigger Pockets for the last couple of years including a few podcasts. I’m writing because I need a sounding board. I’d been involved in REI a number of years ago and in the 2008/2009 ...
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We have all heard Josh Dorkin explain that one should set attainable goals, however I tend to lean towards Grant Cardone's method and shoot for the moon... What do you prefer?
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My tenant in a lower unit is complaining that she hears the walking about, moving furniture, cracking ceiling noises, etc. Is there anything I can do to help fix this problem? She is a new tenant and other than this...
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I found someone with a home for sale. It is a nice 3 bed 1 bath home in great condition. There are hardly any repairs that needs done to the home. I asked the owner how much repair work is needed on the home if any. H...
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I have been noticing lately that there are some properties that have an asking price that is millions less than previous purchase price. For example, a property I am interested in was purchased for $6.8 million a few ...
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Hello real estate family, I have done commercial real estate and landing banking in Mexico (Riviera Maya) for 12 years and now I am getting ready to move my portfolio to the US (I´m from Rhode Island originally) into ...
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Hi.I have a rental in McKinney tx.I rent it out back in 2022 for $2300 and the increase it on 2023 to $2400.It's been the same tenant and it is time for renewal. She is asking if I can do $2200 and if not she will mov...