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A little background first. In 2011-2012 purchased with 20% down loans 10 condos in sunny San Diego. Averaging about $48,000.00 cash flow. Life was good. Then I calculated my return on Equity and noticed San Diego ...
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According to Reuters, S&P has downgraded the US Credit Rating from AAA to AA+ and may likely downgrade again in the next year plus.
Thoughts? Insight?
I realize this may get political, but think this is an impo...
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IRA/401k plans as they relate to self direction/self administered has been a hot topic lately and as such, I would like to attempt to get a consensus on experienced investors' perspectives to the following question:
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I know an owner (very old school) who is ready to retire and liquidate his portfolio. He has a few buildings in DC valued at over $1M . He has already started to sell off some of his properties. He does not employ ...
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Hi,
This is a bit of a follow up from my previous post. I'm very interested in a REO property that's about to come on the market soon. I tried to buy it as a SS but it ended up at foreclosure. The bank had accepted my...
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We recently vetted a tenant that informed us after move in, they have a service animal. Actually, we discovered they had an animal in their apartment and probed them for answers since we do not allow pets. We have r...
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Just wondering, does anyone on BP make money from RE, but actually acknowledge the simple points outlined in this site:https://www.caare.org/The site clearly and concisely absolutely exposes all of the worst things ab...
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Hi, i am new ro real estate and I decided to start looking into investing out of state. I have been searching online for and inquired on 15 different properties. Out of the 15 realtors I called, only 2 called me back,...
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Did plumbing for 7 years before moving to sells, I still own a plumbing company on the side. I can do my best to answer any plumbing questions.
Ask away.
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Generally speaking I'm a realist that leans more on the positive of most situations. However for the last month I have been getting my butt kicked( tenant complaints, costly repairs, and next month will be my highest ...