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This is a spin off of another thread where we discussed risk, risk avoidance, risk management, and getting over the fears of getting started. Question: What's the worst that can happen to a real estate investor? A...
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Today I reached out to 3 different lenders in Northern Idaho about FHA loans for small multifamily properties (2-4 units). Each lender gave me a different answer about the terms of the loan such as required down payme...
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Has anyone ever bought a piece of heavy equipment like an excavator or a Bobcat as a means to save money because you kept having to rent them for projects?Any thoughts on if this might be a smart decision or if I shou...
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Overnight the ceiling in the main floor bathroom of our four plex collapsed due to a water leak. We tried to enter the unit above to shut off water and there’s an angry pit bull inside. Lease says no pets. Can’t get a...
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I have some money that I am thinking about lending to a flipper. He says he need 15k for 6 months. He would offer 16% for a full year and 3 points.
What paperwork do I need to insure that he pays me back?
I've never ...
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Hello all! I've spent a couple of months perusing these forums, listening to the podcasts and reading real estate books. I am from Minnesota and currently at school (health care field) in Oregon. My goal is to work fu...
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I'm new to real estate and have been reading everything I can get my hands on. BP has been invaluable in this regard between the blog, posts, and podcasts I have learned a ton. The one thing that everybody says is to ...
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https://www.azcentral.com/story/news/local/arizona-health/2020/03/30/arizona-coronavirus-stay-home-order-issued-gov-doug-ducey/5088109002/"Gov. Doug Ducey on Monday issued a statewide "stay-at-home" order to stop the ...
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Hello everybody, my name is Levi Caron. I'm new to biggerpockets and have been very excited ever since I found this site. The podcast are amazing! I have just purchased my first 4 plex and wanted to give the run d...
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I'm looking for an solid working class areas that have 5+ rated schools. I'm currently in South Florida and the deals have been drying up. I'm looking to do buy and holds.