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Question: Should I network to find a partner and hard money lender BEFORE or AFTER finding a deal?Background: I am new to the investing world with only 1 renovated 3-flat in Chicago and 15k in savings. In order to fin...
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A broker asked, "What are your cash on cash ratio requirements?" I'm not sure exactly what he means by this. Is this the same as IRR? Thanks for the clarity
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Hello everyone, my name is Sean. I'm a sheriff's deputy in the Tampa Bay region and well, we haven't seen a pay raise in six years. I have always had an interest in real estate and often deal with citizens who ar...
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Hello BP,I am very excited to share that my wife and I are closing on our first rental property. We are in our late 20's and have been wanting to do this for years; I have been studying investing, off and on, since 20...
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I have a general question. How did most of you who are seasoned investors start out with understanding contracts and how to have the right contract for the deals you were working on? Is there a good place to learn a...
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Literally looked through Every available Record on the Counties Website for a Phone Number, and even called and talked to the People who work in the .... Chancery Clerk and Tax Accessor's Offices , And still having no...
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Hi BP,I live in California and am looking to purchase property in the Detroit suburbs. The cities that I am looking at are Redford, Garden City, Westland, Melvindale, Allen Park. I may consider other nearby cities, b...
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Is it best to always see a property before investing if it's out of state?
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I'm selling two rentals this spring. Not only do they have equity positions of more than 50% each, they are also nearing capex and I have some neighbors and an HOA I'm dying to get rid of....But I digress....I am deba...
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Considering in the next year buying a duplex or triplex in Whiting IN and renting out the other units while living in one for free and hopefully still cash flowing a bit. Any issues or concerns with this area? Good pu...