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We bought a rental property a month ago, and we want to be friends with all the neighbors. But - a neighbor that borders our lot along the back line has been throwing her trash (large items) into our yard. While we d...
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Learning: NEVER sign a contract if you are not comfortable with the contents, no matter how bad you want the property.I was a typical BP newbie. Searching for financial freedom, I stumbled upon rental properties as in...
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I'm curious what the biggerpockets community here thinks of quirky properties like this one:
youtu.be/KnGzTe-CaYQ (video tour captured by GC)
Quirks & problems include (but not limited to):
-exposed (and unsigh...
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Greetings BP'ers.
I'd like to get some opinions on this, to see what other landlords might do in this situation/current environment etc.
I have a:
Self-managed, out-of-state, fully paid off rental.
Area Market ...
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I'm hoping to capture some depreciation by doing so. Plus I look forward to 1031 exchanging it without having to wait to move out again and turning it back to a rental for a year before being able to do so. As it stan...
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Hi BP, I am still trying to acquire my 1st buy and hold. I found a quadplex (4 units at 2 bedroom/ 1 bath each) that is in a C+ neighborhood. Here are the numbers. What do you think? Purchase price: $69,000$17,000 o...
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I was just looking at a deal that was a 7% cap, but it was based on projected NOI after I renovate it. Is this common that brokers and sellers advertise this way?By the time I renovate it and sell it (assuming a sim...
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I see a lot of talk about the importance of hiring a property manager (PM) rather than self managing. For 20 years I have managed my own properties so I wanted to offer some thoughts on the advantages of self managing...
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Hi All!I'm new to buy and hold investing. I'm using a excel spreadsheet that has a conservative 10% vacancy reserve and 10% maintenance reserve every month. I've spoken with turnkey companies that say they use a much ...