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First time working with a contractor here. Does anyone have an example of what a contract should look like and the details in the scope of work? I'm wondering how much specifics I need to include for each line item.
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Ok so I know most everybody has heard about making biweekly mortgage payments in order to pay your mortgage down faster. Instead of making 12 monthly payments a year you make 26 half payments or 1 extra monthly paymen...
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I am currently rehabbing an REO property that I paid cash for. Once it is finished, I am going to keep it as a rental property. Obviously I want to get my money back out of the property so that I can invest it in more...
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So our 5 unit multi-family is ready to rent. I'm more than halfway through the managing rental properties book from bigger pockets and it is great and detailed. I love the forms they give as a bonus for buying the boo...
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So I found an apartment complex in Baton Rouge la. 4 units, ROI is 12%. But the realtor is telling me this:
“Also, I forgot to mention that if you will be required to pay one time fees for title transfers this fee wi...
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Looking at buying my first single family rental. Do/should I set up a trust first, or buy the rental first, or set up an LLC then buy the rental, and then assign the trust as a member of the LLC? I'm eager and exited ...
Hello everyone,My name is Mark and I am a life-long Chicagoan. I come from a financial industry background, but am new to real estate investing and would like to start to get more involved in the industry. This post i...
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Hello BP community!I am currently a law student located in Houston, TX. I have been following BP for a while, and have not done anything real estate oriented due to a lack of time, and a lack of capital. Recently I ha...
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I just rented my place in the Bay Area, CA. but live in texas. I’m trying to determine if I should open a LLC to protect my personal assets or just go with an Umbrella? Since the property is in CA, I assume I would ne...
In recent years my Mom (59) and I (36) have been partnering together to make our first moves into real estate investing. In this arrangement she is essentially a silent investor and I manage the properties. To date th...