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Hello! I own a real estate development and vacation rental business in STL , MO, and I know Missouri requires you to obtain a RE license when launching a property management company, but does anyone know of a way arou...
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Hi there! My grandmother owns a duplex that she wants to get rid of. She is willing to sell it to me for $60k. Both units need a lot of work (sound structure, but extremely outdated) and I'm currently awaiting a contr...
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Hi all,My wife and I are contemplating our first real estate investment and are trying to decide if this deal is a good fit.About us: Late twenties, no children. Gross combined income around $105,000. Only debt is my ...
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Hello, I've recently purchased a fourplex in inglewood and am about to start demo on one of the units. I've come to find that there is asbestos and lead in thsi unit so the cost of rehab has just gone up considerably...
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If you guys remember how your first flip was like, did you run into any surprises? was there anything you wished you knew earlier? what was the biggest lesson? I am starting out myself and i am hoping to know what to ...
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Hello Bigger Pockets!I'll cut right to the chase so here are the facts:I am in the Coast Guard.I have one rental in the State of Maine for the past 1 1/2 Years which used to be my primary residence. I have been doing...
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I have property that i have recently rehabbed and that I am about to being marketing for tenants through my PM. While I am a big fan of using a PM for day to day activities, the first month's rent that is charged fo...
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Last September/October, I signed into a 2 year lease agreement with a family to rent my SFR in the Charlotte area. School had already started and there weren't many rental prospects, so foolishly I was happy to move f...
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I've heard that Illinois is a tenant friendly state. As an investor, does this push you towards doing more short-term investments in Chicago? What do you do to protect yourself?
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Hi All,Happy to say I just closed on my first investment property. Its not been an easy process. As part of the deal we received an estoppel for the back house tenant. After closing we gave 30-day notice to this tenan...