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What do you personally keep in reserve for each one of your single family homes? For my area and the value of my property as it seems prudent to have no less than 1500 in reserves for each property.
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Hi there,
I've read all about what types of offers to make to banks for REOs, but I have questions on the most basic aspects of the offers:
1. HOW do you make an offer specifically? Do you call the listing agent an...
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This is a hypothetical question based on a decision I will likely need to make. If you had to chose and approve one of these tenants, which one would it be?Assume both renters have the same amount of income, assets, ...
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This is going to be a wall of text, but I think it's necessary to lay down proper context.Not so recently, I took a job for the rehab of a house. I had to wait a little bit since I don't want to put anybody in the hot...
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Economic Update
(Monday, July 27, 2020)
This week is a good week for real estate investors (particularly if you have a house for sale). Existing houses sales are up, new home sales are up, inventories are down...
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Vikram C. posted in another thread about how many politicians -- due to their stature and position -- believe they are above the law.
This comment reminded me of a great (though disturbing) set of...
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Hello everyone!Finally making my first post. I’ve been doing a lot of reading and watching YouTube videos when it comes to real estate investing and I am hoping to just post my whole story here and gain some insight f...
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Please tell me I'm doing the right thing.Right away I recognized the red flags, VERY polite and eager to move in right away. Claims her credit is fine. I even asked if she had collections from past landlords. Turns ou...
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I am an investor that buys/rents/flips/residential/commercial. I have done 50+ rehabs and hold 30+ rentals so I am at the point where my near future goals are raising more private capital and investing in apartments/c...
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I was wondering what was everyone thoughts about rental properties in dilapidated areas was. Is it worth having all the numbers work out, i.e. 2% rule and house bought @ 70% of value etc., vs. the appreciation of the...