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I am from the Detroit metro area but I invest in Pontiac. The reason why I invest in Pontiac over Detroit and Flint is because the rent margins are simply not high enough for what you are paying for and putting time i...
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Hello BP community. I’m looking to get into my first ever property as a live in duplex with a 3.5% down FHA here in Chicago (McKinley Park, Bridgeport, or Pilsen) The problem I am running into is that any properties I...
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Hey! I am new on BP. I've been watching the YT channel forever. Just watched Ashley show and it was great. I just finished a real estate couse with a group in IL. I am not horribly interested in using the IL team of l...
I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
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I've started a new "Sub$30k" thread in an effort to step away from the chaos that has become a few of the other threads. While I've reviewed most of the opinions contained in their respective comments sections, I'd li...
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What do you invest in when all the cyclical investments seem to peak at once?In my humble opinion:Real estate is due for a correction.The stock market is due for a big correction. Every currency is on shaky ground.Pre...
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I know this will bring out the haters and the, "you don't understand bitcoin". With that said here goes:
Bitcoin hit $23,000 this week. What does that even mean? You and I agree that today one Bitcoin is the value...
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I’ve been personally investing in tax lien certificates lately.
If you don’t know what tax liens are, basically when a landowner or homeowner fails to pay the taxes on their property, a tax lien certificate is issued...
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Hi,A turnkey company is pushing me into immediate action. I never bought a turnkey. I checked the prices of houses on the street my future property will be and all prices are 10 or 15 thousand less than the property I...
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Dear BP friends --I am thinking of buying a property for cash. However, I am concerned about using up all of my non-retirment money on a property deal. It's just scary. We obviously need to have an emergency fund f...