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We bought our first rental property, a triplex (home converted to 3 separate units) after several months of searching for the best deal. We found out after that this property has several open code violations and 1 or...
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An ordinance was introduced this week to re-legalize the construction of new "accessory dwelling units" on existing Chicago properties. This includes coach houses and basement & attic units, which could be added w...
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So I got sick of those calls where they didnt have enough equity for me to buy but they still needed to sell. I guess after the 20th one or so, I thought hey why am I throwing this money away and ending the calls with...
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I've been looking into ways of getting into real estate by doing short sales with banks as my first avenue to get started. I guess I would be considered a "bird dog." This would be to get me started. The whole fore...
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So Dec. 2015 I started my real estate adventure. I'm a huge numbers guy so I love my spreadsheets and planning my financial future. Thus based on a 20% down per property mindset, I tried to gauge what I could realisti...
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I'm in a bit of a unique situation here, but maybe not so unique as I'd imagine many investors are in something similar right now with recent appreciation, inflation, etc. Situation: I currently own one rental propert...
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For people who use lawyers or are lawyers themselves, I'm just wondering if it's normal to be charged for simply responding to an email?
Usually these emails are simply one or two line responses or answers (that's ...
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Hi. I've been listening to the BP podcast for a couple years now and it's honestly a pretty good podcast even though after a while it gets a little repetitive. But I always enjoyed Brandon's energy and humbleness. I t...
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I am a 29 year old male, married, with joint income living in Dallas. My wife and I bought our first home in Feb. 2020 for 360k (4bd/2ba), worth roughly 500k now. We were fortunate to save enough to buy a new primary ...
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My numbers showed a conservative ARV of 3/1 rancher in Richmond, VA at $135,000. All-in costs including repairs, title, legal, lender fees, etc. was $108,000. I developed a relationship with a new bank with great po...