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We are in escrow on a fourplex that comes with an additional 4800 sq ft two story warehouse. It shares a well/septic with the fourplex and we're actively looking for something to do with it. This property is located a...
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I inherited a home oat the end of August 2011. The property carries a home equity loan in the name of deceased relative. I have been paying the bill every month since. I never contacted the lender to know about ...
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Been thinking heavy about adding a few low income properties (Houses that I can buy for $10,000 or less and buy cash).If I decide to go this route I'll rent them to Section 8 tenants and make minimum repairs (paint an...
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Hello all, I am newer to REI and am looking to find a deal and close on it before the end of summer. I started by looking at properties on the MLS and using a realtor before I discovered more about the discounted pri...
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Hello, I'd like to get some perspective on BRRRR investing. Whenever I've heard this approach talked about, it's almost always in the context of a single family residence. That said, is BRRRR investing a viable str...
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The tenants who have lived 16+ years at one of our units are moving out. The stove, range hood, and fridge were purchased by the previous landlord but are definitely 16+ years old. We are trying to buy a new set befor...
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Hello,So I signed up for Pro yesterday and out of excitement I ran the calculator on about 50 multifamily homes to see if any would cash flow. It seems none of them would cash flow at the current price point because o...
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I took over a multi family (24 units) back in December, problems started since day one.I posted notice to make payments to and my contact information. I got numerous complaints, saying I only gave them 5 day notice of...
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Hello BP,I am in the process of finalizing my first flip in South Jersey, West Deptford Township to be specific, about 20 minutes outside of Philadelphia (I add that because I know Philly could have options I can cons...
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a question of morality. i need to rehab my 4 unit but i've inherited 2 long term tenants (senior citizens). there rents are way below market and i'm not sure how to ask them to leave. one guy is in his 90's and the...