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I started out REI on the wrong foot by getting blanket loans instead of conventional to start with. I don't regret it, but it has hindered me from taking advantage of these historically low interest rates. I have a fe...
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Has anyone used paid training such as Michael Blank, Joe Fairless, Rod Khleif, etc? If you have, was it a big benefit? Are you glad you went that route? I know there are TONS of people on here that are dead set aga...
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Hi everyone!I recently bought a mixed used property in the Sheriff auction and the owner of the retail store is the former owner of the property. Would it be a problem if I keep him as a tenant or it’s better for me t...
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Purchased my first house to rehab!!! Excited and terrified! I'm ripping out carpet and putting flooring in but I can't decide between vinyl and laminate. Vinyl is pricier, is it really necessary in a rental? I'm looki...
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Hello! I'm new and trying to avoid rookie mistakes.
Is slightly negative cash flow the first year or two ok to "get a foot in the door"?
Thank you in advance for your insights!
Respectfully,
David
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Has anyone used a Line of Credit from Colony American Finance to grow their portfolio? Has anyone used the LOC to purchase turnkey properties? I am thinking of using this strategy to grow my portfolio. It seems like a...
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Hi all!I'm a relative newbie from Washington, DC. I had dreams of owning a multifamily after seeing the impact of other people in my life owning rental real estate. In 2015, I finally made that happen with a building ...
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What's up BP nation! I'm a new investor on the real estate scene here in Beaufort, SC. I'm 31 yrs old and I've dabbled with the idea of real estate since my early 20's. I wish I had've stuck with the idea but I have n...
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Hi BP,I have recently come to a verbal agreement with a commercial property owner to help him rehab his property and place a tenant into the space. I plan on representing the owner during the rehab process however, I...
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First time real estate investor: I’m looking at out of state single family rental properties and have a question. Seeing if anyone has the answers. If I buy an out of state property from a private money loan. In this ...