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Hi all, was hoping to get some clarification because i can't seem to find info anywhere about my specific issue. I have a mortgage that requires one of my units to be my primary residence. I work far across town, and...
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I'm a Canadian investor investing long distance in a few cities in the US. I'm having problems with these 2 properties I'm rehabbing in Chicago.The way we approach a project like this is to get an inspector, get quote...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Butler.
Purchase price: $62,000
Cash invested: $47,000
Our first rental property. An early 1900s brick duplex in an area c...
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I just had a not to plesant experience with a short sale deal I had on under contract in november, so I found the deal on the mls, I put in an offer for 115k a few days later the agent calls me to say that there are m...
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Here is the scenario:I find a house that is being sold way under market (perhaps a bank foreclosure, auction, etc.) and that doesn't really need any repair. (It may not look as good as the other houses in the neighbo...
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I'm wondering whether you landlords have noticed better qualified applicants after you renovate (or if you have a nicer looking dwelling)-- People with higher income, stable jobs, better ability to pay rent. Are the ...
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I've got new tenants that have only been in the house for one month. It's a couple and a roommate in a 3 bedroom house. I see the girl in the couple emailed me asking to get off the lease because she and the boyfriend...
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...I usually get the feeling this is BS. “We have multiple offers, we need your best and final offer”
Anyone else feel the same way?
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Hi all,I have just begun to try and stick with the 3x rent salary. Do you ever stray? I have a nice single mom applicant, works 30-35 hours/week at $17 hour, gets $400 month in child support and still isn’t close to 3...
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Hi all! Newbie, prospective investor here. I'm hoping to house hack a duplex in Los Angeles County for my first investment property, but my mortgage banker (who's also an investor) said it's pretty much impossible to ...