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I have my first duplex under contract and just completed the home inspection. We discovered active knob & tube wiring as well as ungrounded 2-prong & 3-prong outlets in use. The electrical system (wiring, fixt...
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Hello BP Forums! I've just begun learning about real estate investing and have gotten interested in buy/hold strategies. To build knowledge in my local market I've challenged myself to analyze one property a day. Woul...
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Hi,
So far I have been using my IRA to purchase properties so the POF has not been as issue as I have been just using cash from within my IRA. So the whole POF thing is a bit new to me.
With that being ...
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I posted a few weeks ago about doing a Sub2 offer on a duplex in trouble.Rather than throwing offers back and forth and guessing who were the real decision makers, I asked to sit face-to-face with the listing agent. H...
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I'm closing on a 4-plex in Dallas and just got a sticker shock for the homeowners insurance. My broker quoted me $6800 per year! Even the current owner is paying $5700! So I asked my broker to shop around more. Is tha...
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Im about to close in on my first investment property, a large Single family home . For the landlord insurance, builder finance have given their quote of 1800/yr premium with 2500$ as deductible. I checked with State f...
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I bought my first two properties two years ago in Rochester NY. Last year I switched car insurance companies and forgot to add back my umbrella policy. You guessed it, a meter was broken into at one property and RG E...
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Good Evening BP!I have a property I have been looking at and I would like to see what the community thinks. The property is a C+ class in a great city with good schools, and stable job market. Rents are below market (...
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Hey Bigger Pocket members!Technically, I'm not new to Bigger Pockets, but there is so much information, buttons, drop downs, that I just found the New Member Introduction. I've been an investor for over 20 years. Pr...
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Hello,I am possibly putting an offer down on what would be my first house to rehab, but I am concerned about any potential liens that might be on the house since it is a foreclosure. If I am going through a real estat...