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Going through a traditional mortgage or conventional loan is pretty straight forward. But, private or hard money just sounds like Lucky Luciano will be knocking on my door asking for double the interest....Does the ol...
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I'm considering a new build STR, seeking opinions on this strategy in current market and with my numbers attached (3 scenarios). My numbers are conservatively based on 3 STR's I already own in this market. I have no o...
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I am in desperate need of some advice. I have six properties with 14 units. I have owned them for two years. I own them mainly in the midwest. They are fine when they are rented out. They basically break even. I...
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Hello All! I am a new member gearing up to start buying long term rentals. Right now, I'm researching what the best financing options and property types are for newbies. I'm thinking duplexes and am still invest...
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Hello, I just joined. I am Dave E. from the chicagoland, IL area. I am 25 and after reading about 15 books so far on real estate I am convinced that RE is for me and will help me acheive my goal of becoming financial...
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I am likely to be gifted a very small SFH in a small city in a rural area, 2/1, 780 sqft with a large garage/outbuilding. Population is roughly 60,000 in a 10-mile radius with a similar community next to it, 30-minute...
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Ok, it’s really more of a survey, and it’s really not required. But in the spirit of doing our patriotic duty (due today by the way, and I don’t think it’s a coincidence!), please participate for the benefit ...
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What Is a Dual Agent?Legally speaking, a dual agent is a real estate broker, or agents working for the same broker, who act on behalf of both the seller and the buyer in a transaction. A broker is permitted to act as ...
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Hi BP community,I am on my way to purchasing my first property. I'm currently doing my market research and due diligence and I have a question about financing. I'm considering by starting with a turnkey property in th...
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I have heard this idea tossed around on the BP Podcast the past few episodes, and it made me realize this is one of the greatest lessons in my personal experience thus far in REI that I would like to share with the BP...