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1) Partner w/ Experts (Credibility) - Partnering with someone that has a track record helps a ton. My credibility as a person yes but had I said this was my first project, I'm sure my success would not have been so s...
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Hey all,
So I was looking at a 10-unit multi-family property the other day online and it was advertising an 8 CAP. But when I ran the numbers, the CAP rate I got was closer to 6. When I asked the broker where the 8 CA...
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Hi all, I’m in a bit of a predicament. I have very qualified prospective tenants but they have a Dutch German Shepard dog. Female, 54 lbs, vaccinated, potty trained and “very sweet”. I’ve only ever rented to people wi...
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The deceased was given the house when his parents died, so the deceased inherited the house. Now, that he has passed away. The house has been sitting there boarded up. Nice looking house. I wrote a letter to the decea...
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My tenant is not happy about the move in condition of my property. I had a real estate agent do the move out report and move in inspection. He is telling me he has an attorney documenting issues and telling me I decei...
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We listed our new duplex on Zillow and had over 20 folks request to schedule a tour. I responded to all immediately (email and/or phone) and probably 15 didn't respond at all and 3 no-shows after scheduling a time. ...
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Hello BP community, I purchased my first rental property (a duplex) a few months ago and I'm trying to rent out one of the units (I'm househacking), but the neighbors directly across the street are like those wanna-be...
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I don't know what to do. I have a tenant that keeps the front door to my 3 family investment property open all the time. Every time I go there, the door is unlocked or not pushed shut. I confront him all the time on t...
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I was speaking to another Real Estate Investor who lost money on several rental properties in the 2009 economic downturn. I was curious to learn from him how he lost properties (or was forced to sell for a loss) if th...
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Long story (which I'll try to make it short), but we did what we "thought" was going to be a hard money loan for a fix/flip. Did what we thought was diligent research on the individual and company. They had a good hi...