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Hello All. I am currently in contract on my first two family home. This is located near Garfield ave in Jersey City, NJ. Attached are the details on the numbers. So here are the questions- The home is a legal two fami...
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I am new to re and trying to figure out the best path to get started. I am in a rural area but there are a few bigger towns in the 20-50k range a half hour a way or so.
There are a lot of low income families, alot o...
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Hey all,I'm a newbie investor from Seattle, WA and have been lurking, reading, researching on here for a few months. I'm a former engineer looking for a career change and I've decided to go head into REI. My plan is t...
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Hello BP!I am a recent college grad, and have been lucky enough to graduate with a relatively low amount of debt compared to the average grad. I have been actively paying off my debt each month, and at this time, I ha...
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Hello!New to the community and interested to hear your opinions on what could be the best strategy for me.2 years ago my father passed away and I inherited a single family long term rental. I have been holding and sel...
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Hello BP members. I cam across a term called "Bird dogging" for REI's. Does anyone on BP do this and how would someone get started? Thanks in advance for the help.
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I have a tenant that hasn't paid rent. This is my first time dealing with this problem and looking for some insight on what my options are. After talking with the tenant multiple times over the past month, it sounds l...
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I've been reading a few posts about the benefits of bank relationships. I'd appreciate hearing stories from folks that have been successful at it.
One approach I read about was placing a deposit in a bank, then aski...
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Just to clarify, is the cap rate based on the purchase price divided by the net operating income or is it the purchase price + Closing Costs + initial cost needed to get property in rental/sellable condition?
For exa...
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Hi,
I live in Denver, own my own home, am nearing retirement, have a little bit of cash to invest and excellent credit.
I'm very new to real estate and am busy reading books and listening to various pod...