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Hi all! I just closed on my first rental property and was wondering what everyone’s practices, thoughts, and/or experiences were with pest control and termite protection. I was informed that they’re not necessary; how...
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I’m in communication with a mortgage consultant working at a mortgage banking firm (Platinum Home Mortgage). They are one of the lenders I am considering working with for long distance BRRRR investing.My issue is that...
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I am an investor in distressed homes, mainly pre-foreclosures. Long story short...it has become quite a headache dealing with both the home owners through the entire short sale process and then the rehab of the homes....
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I am, Jason, the owner and sole manager of J Thomas Construction, LLC based out of Gulf Shores, Alabama. I approached a friend about a year ago about wanting to find someone to partner up with and start flipping ...
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Hi BPers,I have a potential tenant, no SSN (but has ITIN), credit score 653.I was told that without SSN, NTN background check will not return any useful information, is this true?He showed me the most recent 3 months'...
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Hi All, Can anyone offer pros and cons of investing in a buy/hold strategy for Single Family Residential vs. Multifamily Residential (2-4 units)? Taking into account things like vacancy factors, higher rental income ...
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My wife and I are purchasing our first home. We have 130k in savings combined. She find a town house she loves which is new construction in a great area for 256k. My plan would be to live in the house for a couple yea...
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In my area, I've noticed a lot of multifamily properties with 4 to 12 units, and all units are 1/1. In my opinion, and correct me if I'm wrong, 1/1 units are useless. Who rents a 1 bedroom, 1 bath? College students...
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Investment Info:
Single-family residence other investment.
Purchase price: $709,000
Cash invested: $100,000
This is a single family home I purchased using an owner occupied loan. I am currently going...
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Hello, I would like to find out from the investors with medium to large portfolios of rental properties (preferably 10 units and higher) if they use any home warranty or service contract for property maintenance. On p...