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I'm just curious what other investors prefer and why. Some of my local gurus are recommending that long term loans (mortgages) are better because they get more of the profits right at the start rather than waiting for...
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I purchased a single family in May '17 as my primary residence shortly before listening to BP podcasts and researching real estate. While I love the home, I have since realized my mistake and shudder when I think of t...
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Do rents generally go down in an economic downturn? If you are underwriting a property do you consider that the income may actually decrease (if so by how much) or do you think worst case scenario rents are stagnate?
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Newbie that is looking to follow Grant Cardone's footsteps. He says to start buying where you know. In my case, I live in Miami which, even Grant Cardone himself has said is too expensive to buy now given all the new ...
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I'm trying to see if it is possible to get cash at closing when buying a REO. I'm interested in one that is listed for $90k but needs about $20k in rehab. this is still well below FMV, but I don't want to "suck" up th...
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Few days ago I passed the VA Real Estate Salesperson exam a few days ago and am looking for brokers to hitch my wagon with. I have had "meetings" with a few brokers and honestly am unable to decipher between all the f...
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Hi BP world. I need some advice on a deal that my family did using the BRRR method. We bought a duplex for 20k, put 55k into it and it is now renting for 1650/month. We weren't able to get a conventional loan when ...
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We recently had a flood in our building - it originated from a unit in 3rd floor and spread to 4 units below including mine. In my case, there was no water damage inside my unit, but there was water trapped between th...
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Hey everyone,I understand how "Subject To..." financing works....or at least the gist of it. My question is, say I find a house that appraises currently at $200k, but I sign a subject to contract for the remaining $1...
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Hey all investing newbie here. Me and 2 other friends are looking to get started on our real estate investing journey. We each have funds that we would like to diversify. We are currently looking at single family home...