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Hello fellow Chicago area investors,My name is Tim Koumoundouros. I've been a long time follower of Biggerpockets and wanted to introduce myself and start to contribute to this great community. Little bit about mys...
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New to investing and relocated to the Metro Detroit area. Joined BP because I am eager to learn and soak in as much information about the industry to assist my future clients on their investment properties. Would like...
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Hello All, I am trying to make sense of something that keeps being brought up on numerous investment media I have listened to or watched on youtube, but I just don't understand the reason behind it that makes it bette...
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I got a SFR property that has mortgage that I'm paying about $1500 / month. Property price according to zillow 260k, mortgage left to be paid- $140k.Rent for this previously was $1500. Now trying to rent it out for mo...
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Hello BP Community,I am first time flipper looking to identify an out of state market to do my first flip to generate cash for investment business rather than the buy n hold strategy. Figure, do a few Fix n Flips, sta...
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I'm about to close on a triplex, this is the largest deal I have done yet, and have a few questions. I am using hard money on this deal for the first time. Thankfully, I am approved to get the needed funds, so I don't...
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Hi - please help us with some advice.
We are purchasing our first income property and it is a duplex in a D neighborhood - low income neighborhood but the duplexes all rent well.
It's less than 2,000 sqft total and ha...
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Do any of you look for some minimum ROI requirement when shopping for rentals? I know, I know, "IT DEPENDS". But give me an idea of a range that perhaps you look for, and in what scenarios.I have an off-market batch o...
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I have rented my property to a family. They have a pick up truck that is used at work. In the beginning, there were letters on the truck and a ladder on the top of the vehicle. The HOA got complains that commercial ve...
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How local are real estate markets? Basically, how similar is a market in one neighborhood versus a city in general versus nationally, etc.? If the national real estate market is a hot sellerr's market, how likely woul...