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I have an applicant who has just ok credit (average) but had a few late payments on last lease due to something or other. He told me a story, but I generally don't invest in "stories". However, he said to make up for ...
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Hello all, how are you?
This is my first post at BiggerPockets. I have been browsing the forum for a few days, after reading a book on BRRRR. For me the concept of positive cash-flowing real estate (after servicing ...
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I have a potential tenant (still reviewing) that is willing to pay a years rent in advance. Is this a good idea or should I keep waiting. I’m new to landlording but, have read many of the bigger pockets forums and the...
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Hello everyone!As the equity market gets more and more unpredictable i'm looking at putting money in real estate rental properties. This will be my first deal and venture into real estate. As i am living in NYC curren...
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This is a deal that the BP calculator seems to make work. It would be my first investment property. It is about 1 hour and 15 minutes from where I live.Purchase Price: $139,900Closing Costs: $6,300 (I went with 4....
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Hi everyone,
I'm running into an interesting situation and am not sure which path to take.
I own both sides of a townhouse-style building. I am actively showing one unit to potential tenants, but the unit next doo...
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I will be selling a flip in a few months and will be very close to the 1 year hold mark on the property.Other than dumping more money into the property in order to increase the amount of write-offs, does anyone have a...
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It's that time again...The light is on and I'm taking questions. If you've read a real estate book, gone through some real estate forums, watched some videos and you KNOW you want to become a real estate investor but...
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My partner and I did our first deal a few years ago which went really well and we have about 1-1.5M in equity, but the problem is that the cash flow it generates is not that great - partly because cap rates are so ...
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Hey folks - so I have a property in a lower-income part of town and almost every tenant who applies has a pitbull. (The animal, not the singer!) Anyway - tenants today know the game. They just need to say "it's a serv...