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Hello BP community - I am a complete newbie and trying to embark on my first project. The education I have gained so far is pointing me to the direction of Buy-And-Hold strategy, but I have heard that DC area is not v...
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Just wonder how do i caculate a right price to offer on a rental property
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So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
bank owned. I have a verbal acknowledgement that they will accept this number. Will a private money lender loan on this with no money down...or would it be easier to try and find someone to do a joint venture?
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Hey I've seen some folks asking for suggestions for property management already but figured that I'd start another thread on this and see if there are any other suggestions out there? Specifically I would love to get...
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So In late 2018 I bought a package of five of those small brick houses you see all over Georgia (less than $70k each) and had the brilliant idea to renovate them and rent them out via section 8. Today I got a $14,000 ...
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My partner and I have been considering purchasing a duplex as an investment for our first home. We moved back to Minneapolis last year after living in Los Angeles for 2 years. We have been renting for the past year at...
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Having been a STR investor, consultant, educator, and property manager for a number of years, I want to spread this piece of advice to prevent as many newbie investors as possible from heartache and money loss. And as...
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I have 250k to invest......
Should I use that as a DP for a 10-12 unit property?
-OR-
Leverage with other investors to jump directly into something bigger like a 40-50 unit?
I have property management experience ...
I am getting ready to rent my first property in Greenfield Indiana. You would think Greenfield is situated in the deep south. Yes, I went through a redneck phase where I dipped tobacco and wore cowboy boots, but event...