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So here is my $64,000 story:December 2013 my phone rang, it was a former co-worker who had fallen on hard times. He called me and asked, “are you still buying houses”? I told him yes I was, if the circumstances were r...
I know many of you may have seen the topic and thought about your first fix and flip. I actually would like to get some of your opinion's on rehabbing my first home to live in. Let me explain. My wife and I are gettin...
There are pages and pages of discussion and opinions on cash flow markets (midwest) vs. appreciation markets (coasts). What I haven't read so far is a simple analysis of the numbers. Since I actually own properties in...
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I've been looking into turnkeys in Memphis and came across the following 4/2 SFH in the 38118 zip code. Though it was built in 1963, it's had extensive rehab work done in the amount of $22,500. The major work don...
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How do we create housing that is affordable for the existing citizens of Birmingham and still make a profit? The current Revitalization is setting market rates far out of reach of most all Birmingham citizens with hou...
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A little background on this one. I have been following Shea on youtube for about a year. He is in Detroit and has seen it all. I find his honest take entertaining and educational. For this video case study - some dude...
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The story you are about to read has transpired over the past 6-8 months. There are areas in which I made mistakes and contractors made mistakes. This is completely factual, and, looking back on it, was a great learnin...
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Have you ever been ditched by your Property Management Company because the tenant they put in your property never paid a dime above their move in cost and you dared to question their tenant selection criteria?One meas...
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We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
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Hi BP team
I have an empty rental property that I am currently rehabbing. I went to the house today to replace a ceiling fan and the neighbor was parked in my driveway and I couldn’t get in. I went to the front door ...