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Hello all! I am a total newbie to investment properties, so please bear with me.I am considering purchasing a house in Gulf Shores/Orange Beach area initially as a vacation home and potentially as a retirement (way do...
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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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Aloha all,I am from the Island of Oahu I Hawaii. I am a newbie investor who bought a flip in Ohio 7 years ago in my 401k with seller financing. I had no idea what I was doing. I am now getting divorced and had to file...
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Hi everyone,
I’m conducting some research on what impacts the performance of vacation rental properties the most. For you, is having a 5-star overall rating on rental sites the most crucial factor for success, or are...
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Possibly my first opportunity to get into real estate. Unfortunately my parents are getting divorced after 18 years. Their house which was appraised last year at 630k is now appraised at 545k. They owe a little over 2...
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RIP John Q. Hammons, 1919-2013
Most here probably don't know of this man, Known as John Q. he passed away last night in his home. He was a small town boy from Fairview, Missouri who became a real estate ledgend. He a...
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Hello Everyone! Man oh man am I glad I found this place! Kudos to Mr Dorkin for making this thing happen. After sifting through all the crap that is out there on the web I can't tell you how refreshing it is to fin...
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I own a one-bedroom condo in a desirable part of Philadelphia (Fairmount/Art Museum). I paid $265k for it in 2015 and am lucky enough to own it free and clear. I moved away from Philly last fall and listed it for $275...
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Does anyone know whether IRS liens can be wiped when foreclosing on a Residential Note?
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Good morning everyone. I apologize in advance for the lengthy post but I'd like to paint as clear of a picture as possible to explain this scenario. I have a seller that is 81 years old that wants to sell his proper...