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Just thought I’d write a few words as a counterpoint to the trending post.I own and self-manage 5 properties. I have had rent collection issues but never had to evict anyone, nor have I lost even a month’s rent. But...
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What would you do? You have $60k in the bank to invest however you want. You might be open to opportunities all over the country. Your goal is to generate AT LEAST $5k revenue per month in less than 2 years time. What...
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Given wholesaling is not a form of investing in real estate...perhaps licensee's and true investors should start thinking about a push to do away with related discussions...
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I'm looking to see if we could compile a list of the top 5 mistakes made by landlords. I'll throw out a few and hopefully we can come to some kind of consensus.
Note - to all who participate,...
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My wife and I both work and have no kids. We live in Seattle, Washington, where the market is really hot right now. We started looking for our own place back in October, but have yet to land anything. We've put in som...
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So my lender did a pre approval on me about 4 times and I confirmed with them several times that I would be able to get a loan on a non-owner occupied duplex. Fast forward to 2 weeks before closing (yesterday), my len...
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If I spend 50k on a rental, and I want to do absolutely nothing to earn profit, what is the bare minimum annual % return I should expect. I thought it was 10%. Opinions welcomed.
An investor who invests in a property with an 8 cap return for a hypothetical amount of $1,000,000 will earn $80,000/year in cash flow. IThe 8% return provides the investor a strong return which is about equal to ...
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I came to BP to learn how to buy multifamily property at a discount to either fix and flip (a la Nickerson) or hold for cash flow.
Obviously, BP is a vast, deep resource of knowledge and I have since been introduced t...
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So I bought a 4plex in Michigan back in September and hired a handyman who only had positive reviews on Google, Yelp, Facebook, etc.
He seemed pretty trustworthy at first and I hired him to get all 4 units rent ready...