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If you had the capital, would you wait for the correction or still invest now?I understand local markets will drive the ultimate decision, but it feels like every market I look:1) unemployment is through the roof in t...
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I'm curious as to how many of you SUCCESSFUL investors attend college (how many years) and what did you study? are you doing both what you studied and real estate? or only real estate?
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Ok all, I got the photos back on my Toledo property purchase and my heart sank. I now know for sure my move wasn't gutsy it was stupid with a capital S. What really bites me is that I believe the investor who sold m...
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Overview of the numbers: Purchase Price (Cash Sale) $31,500.00 Closing Costs $2,019.02 Rehab $29,800.00 Mold Remediation $1,950.00 Furniture Cost $1,200.00 ...
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A longstanding great tenant of mine is terminally ill and has moved out (it’s highly likely he won’t be back). He’s now living with family and receiving hospice care. He’s in very poor health and likely will not surv...
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I was just doing taxes for 2018 and have noted something peculiar, most of my properties I self-manage. So I do pay monthly PITI and HOA fees. Then there are repairs, occasional utilities, and of course depreciation d...
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Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...
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I have recently read a post that mentioned high cap rates can be risky?I am new to investing and up until the other day, I believed that the higher the cap, the better the income. What are the pros and cons of this? I...
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Hi all -We have been landlords for 5 years with very few issues. Everything that has come up we have been able to fix within a day. We take great pride in our homes. I am sick to my stomach with an issue we have been ...
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http://www.ebay.com/itm/DETROIT-MI-SOLID-BRICK-SIN...Is the whole city falling apart?