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As a private lender, I'm suddenly getting a lot of requests for three things that concern me.
1. Lending the Downpayment (behind another hard money lender)2. Lending all the borrowers closing costs3. Lending funds fo...
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How does anyone buying in the Smoky Mountains make money buying today?
$1M purchase price and $125k in revenue
P/I/T payments run -$78k/yr (assuming 8% interest rate and 80% LTV)
Cleaning fees -$20k/yr
OpEx - $30k...
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I am completely new to the world of apartments, but came across an off-market out-of-state deal that was worth exploring. I'd like to lock it down as soon as I can, but the problem is that we don't have the entity st...
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I just graduated high school, class of 2023, and I chose to get into real estate instead of commit to a college degree. I live about an hour east out of Pittsburgh. Being so young (literally just turned 18) I don't ha...
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Hi All,
Looking for a sanity check here with a potential tenant.
He called on a property, loved it with 2 minutes of walking through it (almost no one loves this property as it has a strange floor plan) and emailed...
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I am reading a book on hyperinflation and depression right now. This seems to be a popular target with all of the mess going on so I figured I would try to educate myself some more. The author is a renowned REI auth...
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Let’s start a list of issues with the property it self and how we fixed them:1. Painted over wall paper - used a belt sander with 60 grit, then a skim coat mud, then normal paint prep.2. Not enough matching doors - re...
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I need serious input! I just looked at a Historic house in my town that has been sitting vacant for over 30 years. The family finally put it on the market and are asking $80K. The realtor thinks they would take $40K o...
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Hi BP,I have been an avid consumer of real estate books and podcasts produced by BP. Therefore, I really value the type of thinking common among our community members. This post is asking for general advice and strate...
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Hi! New to this site as well as investing. I recently inherited $200,000 cash and thinking about investing in a STR. I live 24 minutes from the White House and within a 3 hour radius from many viable tourist area opti...