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Hi everyone! I'm new to real estate investing/BiggerPockets, and I'm excited to have found such a great resource and community. In reading the Beginner's Guide, the 2% and 50% rules have me pretty concerned about...
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I recently built a new home for use as a rental with a production builder in my area. We got a good deal that closed in January this year just before a huge market surge in building and housing prices. Due to it being...
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I am just on the tail end of my first investment and I am a little disheartened. Purchased a duplex property in very rough shape on the inside and outside. Completely updated both sides including, new furnaces, ele...
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Economic Update
(Monday, July 6, 2020)
The big economic news this week is the second straight employment report which surpassed expectations. Nearly all of the data indicates that the recovery from the partial shut...
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I am new to the real estate game and am not really sure if I am making the correct decision or not. I am attempting to buy a duplex for $30,000. I personally know the owner of the duplex (friend of my grandfather...
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I’m currently renting my residence and am splitting rent ($1450) with my girlfriend. As much as I hate to give my money to a land lord and miss out on any equity build up through loan pay down or appreciation, there a...
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Hello, I just evicted my tenants who stayed in my property for only 11 months. Unfortunately, they left my property with damaged carpet, holes on the walls, in additional to leaving behind their filthy belongings. N...
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Good to be back BP, after being away from forums and BP in general I am happy to have more time to learn and help others with my most recent experience. In March we purchased a home from the City of Milwaukee as a no...
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Hello all, I've recently been turned onto the BP podcast and forums. I'm in love! All the recent podcasts about the mobile home parks has got me thinking about some cool ideas. I'm curious what you guys think about an...
Here's the situation:
I'm looking at possibly purchasing another investment property. It's an upper/lower duplex. It's a big place, about 2,000 square feet. The lower unit is a 2BR 1 Bath and the upper is a 1...