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Recently purchased 3 family in Massachusetts. Old building obv not de-leading. This being buy and hold I wanted to get some perspective on what fellow investors have found works best. The building itself needs vinyl o...
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Hello all,I'm an out of state newbie investor looking at a couple properties in Rockford, IL and would like to get some local insight and help before I pull the trigger. The properties i'm looking at look good in the ...
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I just started diligencing a 200+ unit storage facility on the Nebraska / Iowa border. It's a fascinating rental model --> some wear & tear advantages since no live-in tenants compared to MFUs, but also some mg...
We did it. My wife and I finally agreed, the time is now. I liquefied 25K in funds, and we are now, ACTIVELY in the market for our first investment. I'M SO EXCITED!Also, I can't breathe. LOL.We're looking for a BRRRR ...
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Question: Should I start with a single family and house hack or wait for ~10 months for multifamily?Hi BP family! So I am conflicted right now. Due to rising interest rates, I do not have the capital for buying a MFH ...
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Ok, so we had to close on a deal that was meant to be a contract assignment. Here are the numbers:
ARV 110k
Repairs 20-25k
Rent 950-1000
Originally asking 35k
Bought for 20k, had to repair the back extension (mechanic...
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Hello BP, looking for an out-of-state area to invest in and have done some research in the surrounding areas of Dallas. Wanted to see if you are still choosing this area to invest in, why or why not? Thanks!
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Heard very mixed things about this topic. Thinking this is the way to go for easy accounting purposes. The idea I've seen and heard is that you create an individual LLC per investment property you own for a couple imp...
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We submitted an offer on a quadraplex in NC and it was tentatively accepted. The sticking point right now is the due diligence fee. I'm not accustomed to such a fee and I'm uncomfortable with a non-refundable fee. Her...
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I am considering acquiring properties to be rented under the section 8 program. My thought is, buying between 50-90k livable (or less than 10k rehab) and being able to rent for 2% or at least close to it trumps the ca...