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Hello everyone! I am a new investor in the process of building my real estate savings, and I'd love to hear where everyone is keeping their own money while waiting to invest it into real estate. I want something wit...
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I just purchased my primary residence in a new city with cash ($350k) and have another $250k sitting in cash.Should I buy our first rental unit(s) with cash (after reserving 6-8 months living expenses)? As context, we...
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I’m looking at a great deal in a not great neighborhood. Not great as in lower income, higher crime, and from what I can tell driving through, mostly African American neighborhood. Should I avoid this area all togethe...
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So my plan is to remotely manage a few vacation rentals I currently own. Trying to set them up to be as "hands off" as possible. I have local resources to help out if needed, but trying to minimize calling on them. I'...
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Hi there,
I have a property that is rented out (because I wasn't able to sell before) and am looking to start the short sale process. I was wondering if any one had any advice regarding my situation.
The main questi...
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What renovations are your best bet for raising your property to market rate rents?I had an "Aha!" Moment while analyzing Minneapolis multifamilies with below market rents today: "the right renovations will pay for the...
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Hi there, I was contacted by a hard money lender via LinkedIn shortly after my first post on BP forums. I thought this to be strange someone would randomly reach out and ask if I need funding, however given the networ...
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My oldest son and his younger brother want to buy their first rental property while they are in college. They can use it as their dorm and rent out to several roommates, too so that they can live rent free and have ...
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Here's one of my pet peeves......watching a House Hunters show right now and this couple doesn't like a perfectly beautiful house because of the paint colors in one of the bedrooms.......really?