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A lot of experienced investors and non-experienced investors use large sums of cash to obtain properties at great discounts (70-80 cents on the dollar) via direct sales of pocket listings or auctions. Paying ca...
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My husband and I are closing on our first rental property this afternoon. We are inheriting a tenant, who is a clean freak, pays on time, wants to stay, and has zero maintenance requests. We did the walk-through yeste...
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Hello BP
My wife and I️ need your advice, we have 138k to invest and we found 3 single family that we made offer. One is 60k which is rented out for 800 a month, the other two is 30k each which equals to 60k, 600 and...
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Hello BP, fellow investor located in LA looking for good multi family deals. I have a question. Can't one look at average cap rates across the country and make a pretty good decision on where they should invest? Cap ...
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I talked to an agent yesterday about a property I'm interested in. He seemed really nice and in talking I found out he has four rental properties himself, but when I mentioned I am considering using a hard money loan ...
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When you write up your profit and loss statement, how do you break down the mortgage? Is the interest, taxes and interest the only loss? I'm assuming principal is not written in the loss category even though it goes a...
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Hello everyone,
I've been thinking about buying a house for the past year. I saved up enough cash for more than 50% down payment, but the main problem is that I am a freelancer and I try to write off as much ...
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New investor here trying to see what everyones experience has been like. I often run into situations where I can't see nearby comps for a deal i'm working on that are within a 0-3 year window of being sold. Would an a...
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I have been analyzing a 10 unit apartment building. I found it through a traditional broker not a comercial broker. Seller is providing scanty records such as no Rent Roll or detailed expenses. I have submitted an off...
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So I started my real estate investing journey about 3 months ago and since then I have poured over STR properties, analyzed data and so far Im coming up short. I think part of it is that I have about 130k to invest a...