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Hey everyone! So yesterday was a relieving culmination of 3 months of a lot of headaches, stresses, and monotony getting this 203k loan approved; but I finally did it! I hit my goal of finding and buying an investment...
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Just had to share - the request went something like this --we have kept our dog in the yard and paid our rent on time, we want to stay another year or two then buy a house so we want to go month to month, and can yo...
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I am considering joining this program. I am curious if it is associated with bigger pockets? I figured the term would be exclusively licensed but I may be mistaken. Anyone have any feedback on the program? Is the bang...
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Economic Update (Monday, November 30, 2021)
The shortened Thanksgiving week was a relatively quiet period for our econo...
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When we purchased our 3 unit bldg together (newly married) in 2006, there not yet any red flags of the pending housing crash that reared its ugly head that very same fall. Some say 2008 but this part is not impt to t...
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I've seen so many forum posts advising NOT to give any money to contractors upfront - because so many people have been ripped off by contractors. I've seen many responses from contractors, saying they've got to buy ma...
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A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly,...
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Seeking ADVICE / Property is in Norristown, PAI lent money to somebody (a land trust) for a fix and flip. Unfortunately, I did not do my homework beforehand, otherwise I would have realized there are 4 other investors...
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Have some flooring replacement to do in a multifamily building. What types of flooring do you all like to put in in different areas? Note: this property is in the Northeast, so keep that in mind.
Common Areas
Kitche...
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Introduction
My intentions here is not to do a quick look at the numbers but a deep dive into the entire experience of doing my first development. I did break this down into sections so that you can skip to area of i...