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Happy Monday everyone! So, I've had this chip on my shoulder for awhile about appraisals...and it's something I realize I have to accept but wanted to reach out for a discussion with other investors and get your take...
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I was speaking with a Realtor who specializes in land contracts. He said I should put 20 percent down so I can hold the deed. My question is it necessary or can I put down less and still control the property? Thanks
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Property manager is holding security deposit (several thousand dollars) in
escrow. Landlord makes claims against a large portion of security
deposit upon tenant moving out. Tenant disputes the claims. Propert...
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Hello everyone,We have been searching the posts here on BP and still haven't really found a specific answer to our question. How do you calculate tax on a 1031 Boot? Here's our situation: We sold one property and...
Hi Everyone,I recently found an off market deal and will be touring the property on Thursday. They are asking 150k for a 2 unit that needs some rehab. I have a realtor but i assume since the deal is off market they wo...
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Does anyone have any experience converting a two family to a three, or doing major renovations of a two / three family?
It is somewhat town specific but I am having trouble interpreting fire code for automatic sprin...
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What are some good neighborhoods to start looking at around central Florida for single family or duplex/triplex BRRRRs? What places around here should I be looking at to start out? I live in East Orlando / Avalon Par...
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My virtual assistant found me a motivated seller. The seller wants $50,000 asking price. The house looks to be in poor condition in the ghetto. Should I make an offer considering where the house is located? Its condit...
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Hey everyone!I am looking to invest in my first real estate property but it appears that saving for a down payment of 20% or more could take me at least a couple of years. Because of this, I have been seeking alternat...
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…and so the fun begins. :-/I just had a formal inspection done today on what’s supposed to be my first rehab, a Fannie Mae REO.Lo & behold, the inspector found evidence of a buried oil tank underneath the deck (th...