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I just got off the phone with a gentleman selling two duplexes in my target buy area. He asserted that the prices asked were a "solid 8.5% cap," but a quick glance at the numbers reveal that all of the soft costs -...
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Newbie question. I read a lot of people complaining that short sales take too long. Would attempting to short sale on properties that are about to foreclosure motivate lenders to move faster? I read that lenders rathe...
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Need some advice on how to deal with a neighbor to my SFH rental. It is currently on the market with a PM for its first tenant. A neighbor is telling potential tenants lies about the property. This info is being to...
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Hello everybody i finally managed to gather enough capital to finally venture into some texas tax deed deals and was wondering what types of pit falls anyone has run into. I've read and researched as much as i possibl...
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We have a SFR in Michigan that was taken back at the FC sale last December and the redemption period expires on June 6th. The borrower may still be in the property and one strategy we considered is to approach the bor...
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I just got an eviction report back from the tenant screening company I use (CreditLink), and it lists 2 successful evictions and 3 eviction proceedings initiated on this prospective tenant. I could not believe it bec...
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Just starting out and have found a 2500 sq ft duplex in historic neighborhood. I can pay cash for the duplex, but needs upwards of $50k in rehab. Purchase and rehab is about $80k and should rent for 1500-1800 a mont...
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Do most investors ignore vacant, overgrown grass , REO properties with code violations and tax liens? Have one that's been that way for a year, wondering if only strategy is offer the bank to buy it cash?
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Has anyone read the book "Scrum, the art of doing twice the work in half the time"? And then applied it to flipping?
In the book he tells a story of how he hired contractors to remodel his house and they used Scrum. ...
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BP provides a platform for investors to share knowledge and to conduct deals. Many (especially newer) investors often ask for help in evaluating deals. My question is do you ever provide answers to the unasked quest...