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I'm considering lowering my rents for the next 2-3 months only because of the strain that COVID-19 is causing. I am able to drop my rents considerably and still make the PITI payments. My number one goal in doing this...
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When getting ready to close one's first deal as a newcomer, what are some steps to take to minimize the risk involved?
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With the economy in an uncertain state what are some steps you are taking to reduce your expenses on your rentals? Are you negotiating utilities with tenants, speaking with your insurance agents, working with your len...
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California has laws that can leave landlords on the loosing end of the deal. Like how it can take so long to get someone evicted. That is very frightening to me, since retaliation by wrecking your property is more ...
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I will be closing on my first property soon, I am so excited I can hardly wait for closing to come. I have been reading & studing real estate for 2yrs and finally took a step of faith this year.
Yesterday was insp...
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Has anyone had success negotiating down a past due HOA assessment or dues balance? My company has acquired several condo's that were mixed in with REO packages we have purchased recently, and while the purchase price...
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I noticed that a good portion of closing costs come from the lender (a credit union or other institution). Application fee, credit check, lender's attorney fee, all come from the lender. That being said, if I have a p...
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Hey guys, I took all the information that you shared, (Positive Cash Flow, Won't Sell?), it was greatly appreciated, and was authorized by the seller to reduce the price of this package to $350,000 and whatever I get ...
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Hi All! If a unit in a multifamily apt building costs 10K to rehab, do we subtract that from quarterly profits to investors? How would that work if the reserves for the rehab came from one investor?
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Hello BP crew!After reading about a half dozen "Zombie Posts" this morning - posts that have been inactive for a long time, often a year or more - I had a thought that could reduce the number of Zombie Posts coming th...