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So many people are scared of what is going on in our economy because of what they are told by others. Yet, they really don’t understand what is making our economy tick. I recently received an ‘economic update’...
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A few months ago I was given pre-approval to be a home "much more expensive than the one I was looking at" according to the lender.So I made an offer on a house and did all the inspections and was close to closing whe...
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So I found a duplex in a desirable neighborhood in my area and I want to run the numbers by you guys.Asking Price: 350kGross Rent: 2000I can do owner occupied financing with 3.5% downpayment and I'm assuming a 4% inte...
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I'd like to get some input on reasonable vs unreasonable fees for property management.
I think most people think that the % of rent is the key fee. I disagree.
I interviewed a property manager a while back who hea...
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So, in the last few months I have been doing some background work on how to start investing in the RE market. Given the $ I had for investing, I decided to focus more on buying foreclosure properties and flipping them...
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I am a wholesaler in the greater Sacramento, CA Market and I'm finding it difficult to locate deals for wholesale. Forget the MLS. Properties there are being snapped up at near ARV prices. I don't even know how the...
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Hello BP I'm sure I'm the least experience and know the least about REI. I have been reading numerous forums about starting out in RE for the past few days and I must say I am very excited in trying my hand in this bu...
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so, i use an e-payment system, and last summer it generated a $0 lease and sent it to the tenant. That was dumb. But what was worse is that when it came back to my office, my person signed it too! but i'm not done. Af...
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Happy Monday BP, I have a good tenant who has moved in her boyfriend. I was notified after the fact. They have been a good tenant for ~8 months into a 12 mo lease and have discussed renewing the lease in other conver...
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Now that I have your attention, I'm open for suggestions as to how we avoid the inevitable.
I've been reading and studying up on the financial problems that keep growing here in the U.S. Here is an article that has s...