Standard practice seems to be a fixed deposit amount per unit, regardless of the number of tenants. While there are other factors and exceptions, more people generally can cause more damage than fewer people. I always...
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Maybe you’re OK managing your own properties. I tried that for a while, but started losing sanity, steadily, at about ten houses under management. It was a good learning experience, but necessity dictated that I far...
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Hey! I'm looking to purchase I multi use building that has value add. Seller wants 200k. He had a couple agents lol at it and guess is worth 150k. Seller said he may be open to seller finance. I'm thinking of giving h...
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I have been doing my best to research the Tax Sale process and am interested in investing soon, however I can’t find good resources on how to properly research properties before purchase. I don’t want to end up with s...
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How do we protect ourselves from a tenant causing us significant damage in excess of the deposit amount? e.g. if we add a clause to the lease contract stating they will be liable for all charges due to their purposef...
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Hello BP community, I am curious. Looking back, if you could comprise a list of absolutely essential elements to have before beginning to invest, what would it include? We all know that any new investor can start divi...
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Hello everyone,I am currently educating myself on underwriting small sized (sub 10 unit) multifamily deals to sharpen my skills. Usually I am going through MLS portals (ugh) or loopnet (boo!) to find buildings for sel...
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Hi everyone,
I bought my primary residence 8 months ago. I intended to live here for 2 years and then keep it as a rental property. The issue is that a train track runs behind it and the vibration is horrible (litera...
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HI,I am currently living in Long Island, NY (and I hate it here). I was going to buy a condo in Miami (I used to live there and would love to move back) but since realized its just not a good investment move to buy a ...
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Hi BP community, I have been looking for my first house hack deal in an expensive market. I finally located a property where the economics look great and it is closer to my job. It's a shorter commute and I could even...