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I plan to open a checkbook account for each property. Please advise best banks for this. Per web search recommendations: Chase, BlueVine, LendingClub, novo, nbkc bank.This is my first BP post. I close on my first prop...
Are you proactively managing your property or is your property starting down a death spiral?Horror stories abound about the problems first time rental owners’ encounter managing their properties. The problem gets wors...
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Hey BP - I hired a contractor for interior drywall and interior/exterior paint back in February. I've had issues since day one with quality and finally finished the interior. He then subcontracted the exterior paint t...
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We want to begin investing in real-estate and prepare myself financially to move in this direction.
Question ~ we took out a line of credit to make some improvements to our home about 9 months ago. We live in an u...
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Hi BP,Curious how others handle this situation? Tenant A was the main point of contact and main individual who made rent payments, communication, etc. Tenant B lived in the house and was on the lease as well. Tenant...
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Hello guys, I need your help on this deal, any advice will be greatly appreciated.I am living in TEXAS Killeen area, I own a 4plex, I live in one unit and rent the other 3 temporarily (15 or 30 days rental, fully fur...
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Hi all,I'm finally closing on my first home, a HUD owner occupant SFH next week, but my agent is telling me that they won't give me the keys to the property after closing. I will have to rekey the property.Is this nor...
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I'm looking at purchasing a property with some foundation concerns. Looking at roughly $500o in repairs to install a dozen piers according to a contractor.
Has anyone purchased properties with these issues and what t...
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Hi BP community,
I'm hoping some of you can give some input...I am all set to close on my first SFR in Jacksonville, NC. I live in NY right now so buying my first property out of state was definitely intimidating but...
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The house next door to mine is currently rented to my sister in-law. The owner informed her of intend to put the house on the market at the end of her lease in 3 months. We intended to buy the house using a self-direc...