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To all real estate investors, what did you prepare before you made your first property purchase? Did you create a company name, business website, business card etc. What do you wish you would have been more prepared f...
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Hello everyone,
I've been lurking on the forums for a while now and finally decided to put together a preliminary plan before diving into real estate investing. Apologies for the long post, but I wanted to provide en...
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What is the 1% Rule in Real Estate? The 1% rule is a real estate investment guideline indicating the minimum monthly rent you must charge your tenant to break even on a rental property. The rule states that your rent ...
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I just bought my first 4 unit building 6 months ago. I’ve needed to put some money into it along the way. 3 units are occupied, the 4th is mine. The rent breaks down as:75010251160Total: 2935The expenses:1850 (mortgag...
Hello community. New investor to the market, am currently employed full time and looking for something for a passive investment. I have been in contact with a few commercial realtors in Ohio and Georgia, they have p...
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just bought a property, inherited a tenant. very nice property, side by side. 1bd 1ba. she has been there for over 10+ years, maybe 15. she pays $475. the lowest rent surrounding is $775. I want $850. mortgage is $1,2...
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Hi BP,I have a question for you all: If you had $20k what
would be your first move with it? I've been saving up capital since I
graduated college and can't help but think how much time I am wasting. I
would like...
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I have tenants that pay the last day of the grace period after normal business hours around 8pm. What should I do? I'm pretty fed up with this particular set of tenants not only are they personally inconsiderate sho...
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She refuses to give me her email to get on tenant cloud.
I call and she won’t answer.
Has been sending me page after page of nasty texts including “FU” since yesterday morning (easter weekend). 5 more pages of...
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Hey Guys
I'm new here and would love to answer any questions you have regarding getting financing for investment properties.
I'm an underwriter at a bank that specializes in real estate investment properties.
I'm a...