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Hi! After struggling to find cash flowing properties in Raleigh/Cary/Apex, I'm starting to look into buying Duplexes in "middle of the road" neighborhoods in Durham and do Section 8. I've been reading blog posts last ...
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1.) Market Selection - Prioritize proximity to national parks, tourism destinations, mountain markets and markets that are less seasonal. Select markets with existing regulations and permitting. This allows you to saf...
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We built our rentals on land in Kyle, TX that belongs to my parents - they have other rental homes on it as well - and my parents do not allow pit bulls or pit bull mixes on the property. It's just such a risk. I l...
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I'm working on obtaining a construction loan and I was wondering if anyone knew if these were relatively decent loan terms. $346,000 loan amount. 75% ARV. 3pts to the lender. $3K to escrow/title. $84K cash to clo...
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Hey BP!
I am a current leasing agent located in Durham,NC. I am thinking of starting my own property management company. I would be the only person managing until I build up a great team.
My question is: How do pro...
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I would really like to buy my first duplex sometime this year. (I am still learning and analyzing so nothing in the works at this time) However, when it comes to property managers, what is the going rate I should ex...
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I purchased my first investment property in NJ back in 2020. It being my first property I decided to go all out and spend more money than I should have on the renovations. Once completed, I decided (at the behest of m...
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Any advice would help:I have a property that had a sump pump break and water come into the finished basement of a SFH. The tenants emailed and called a couple days after the rain storm. I dispatched my handyman to ass...
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Well for those that don't know please see the link below.
http://www.biggerpockets.com/forums/52/topics/117232-start-eviction-porcess-or-take-tenants-word
Anyway, Yesterday I had an appointment to meet ...
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I've been looking at buying my first investment property-a duplex in Upstate NY using a loan from my employer retirement fund. The numbers look good with a cash flow of about $200/month from the current tenants. Mort...