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This is kind of a follow up to a previous post regarding this property. 20 unit property...twelve 2/1’s and eight 1/1’s. Property is currently owned by my family’s estate and we have it under contract to purchase for ...
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Hey guys,
I am wondering how you started to get into the RE business? I mean, what was the first steps you took to get "started"? Did you get advice from a local REI club? Did you contact a real estate agent and ask ...
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Hi! I will appreciate your opinion. There is a small leak in one of our rental apartments. My husband arranged a plumber to come and fix it, he let the tenant know a day before, and the tenant agreed to let the plumbe...
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Hello everyone,
I'm Judy Mueller, a real estate enthusiast from South Florida. As I dive into my investment journey, I find myself eager to explore markets outside the commonly discussed realms and would like to comp...
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Is simply applying the 50% rule running the numbers? In other words, can I simply calculate what my P&I will be and as long as it's 50% or less of the expected rent, then the deal has potential? Can this replace...
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Hello all!I'm part of a group that owns 10 commercial buildings in San Diego, CA. The time has come to buy out two of the partners, but we're struggling with the valuation. The buildings are unique, old, all different...
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I invest in Southern California, more specifically the Perris, Moreno Valley and Hemet areas of Riverside County. This area is one of the most volatile real estate markets in the entire country. Median home values in...
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Hi All!I have a few investment properties in separate LLCs with the same partner. Question Up Front:Is it possible to exchange shares or stake in our LLCs to each other?For example, we both own 50/50 in entity A and B...
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Hello everyone- My current tenant’s lease is up soon and she is wanting to renew for another year. The only advantage of extending the lease is the tenant has paid on time every month. In fact, she pays early. As a pr...
I am in a pretty hot market like in South Florida. Rent is pretty hot but to get a 2% on a house or property is a pretty hard find. but What if I wanted to get lets say a house worth 300K and rent it for about 2,400...