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Just thought I would provide an account of my journey since I started investing in US property market in 2011 and more recently Detroit. Perhaps this can provide some inspiration/feedback for any wannabe foreign inves...
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This is a monologue, but I'm interested to see reactions. I've been mulling over a number of high level things, and think that economic reality in 2022 is very different than people (media, left, right, etc.) perceive...
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Hi BP,Do investors, purchasing a property with the sole expectation of renting it out, make it harder for owner-occupants to find affordable housing?This is the question that came up from a family member. He lives in...
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BP is great place. The world in general is not. Over the last year I have listened to all the BP podcasts, those guests who succeed are showered with praise and emulation. That's why we are here, we want to be like th...
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Determination is KEY! Just over 2 weeks ago I had an accumulated debt of over 18 grand. Most of it I accumulated through retail credit cards and small banking loans I had so easily been given right after my 18th birt...
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The flip I worked so hard on for my first time failed, and now the bank is selling it full price without me. I am now 26 years old, >$100k in debt, and my credit is shot.Here's the house:Jamestown House on ZillowAn...
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Wondering if anyone has any thoughts about the recent interview by Meredith Whitney, about the only Wall Street analysts worth anything, on CNBC.
She talked about Detroit bankruptcy saying more is coming. She succes...
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So I just found out that my tenant has 2 cats. He has been here for about 4 years.What should I do?I have in my agreement that there are are no pets and he would inform me if he has one.What should I charge him?Pet re...
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Hello Everyone,I've been looking at rental properties in Vallejo and Sacramento for over 6 months now and can't make a decision. Where do you think makes the most sense for the long-term?In Vallejo, I can get a small ...
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Hi all,I’m about to close on my first out of state rental and have been in contact with a property management company to manage it.For accounting purposes, the PM is asking me to open a business account at a local ban...