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A lot of people have asked me why I decided to get into real estate. I have three criteria for when I look to invest in any business - 1) I want to make a lot of money, 2) I don't want to spend a lot of time doing tha...
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Dear BP freinds we are now facing a tough situation of collecting rent. One tenant has been paying rent via auto pay on a platform we have agreed on. Somehow this month's rent first got deposited into our account and...
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A Brief Introduction
I’m sure many of you can appreciate the blissful feeling of completing a deal. There is an unrivaled joy you feel from receiving the first rent check or when the funds from a flip/refinance final...
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We purchased 11 lots across the street from our homestead Approx 20 years ago in order to prevent building and overcrowding. We are now disabled and maintaining the land (in city limits) is becoming too much, AND prop...
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Hello everyone,
I'm a single investor with no partners.
I started by placing my 1st rental property into an LLC (for this example, *JOHN SMITH PROPERTY INVESTMENT, LLC*).
I just purchased a 2nd rental property l...
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I am currently in the process of prospective market diligence and have developed a list of the items we want to measure / compare across markets (crime rates, pop growth, job market, vacancy/occupancy, etc.) but would...
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I'm in the process of implementing credit check requirements for all new rental applications. I'm wondering what BP members recommend for websites/companies to use for performing credit checks?
Thanks in sdvsnce!
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I've purchased a fourplex with two Section 8 tenants in it, currently in the process of getting the government portion of payment transferred over to me. I just received a water bill for $1,100.00, it should have been...
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I am just curious what steps people take right after closing a mobile home park deal and you are the new owner/operator. Lets say for the sake of this post that all the DD work is done and comes back perfect. What ste...
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I am looking for advice on updating some systems with a commercial building I help manage. Basic intro - I starting working for a local investor/property manager in my small town as a kind of personal assistant. We ma...