As a long time lurker, but first time poster, I have to tell you all that I am really impressed with the quality of the posts and all the awesome cooperation shown in this forum.In an older post Jim Johnson said "In o...
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Hey BP,I'm in search of guidance/advice on how to best accomplish my REI goal. I'm looking to purchase/control around 10 properties in the next two years in a specific market. The market that I am looking at is a very...
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Im currently using a basic Excel spreadsheet to keep track of my properties and tenants. My file is detailed but not enough. Im looking for a software that can help me better manage the finances as well as tenants for...
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Question: How can I invest as a NEW 1099 employee (Ex. independent insurance agent commission only)? My last two years of taxes are from a different W2 job. How can I prove to the bank I can afford a property? I would...
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I may be buying investment property in an art town that is very hip and hot, with prices going up fast. It is still inexpensive to buy but won't be for long. There are problems there with drugs and crime, mostly prope...
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I'm getting my real estate license in Michigan this year. My question is what should be my main focus in the first 6 months? And for seasoned agents, what was the biggest mistake in the first 6 months of your career?
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I just found a 1BR 1BA 650 SF Condo in my area that is a short sale for $100k. Did some digging and 2BR 1BA 850 SF units in the same place are selling for around $120-140k in the past year. HOA fees are $350 a month a...
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As a newbie in REI listening taking in all the info possible there is a lot said about not using your own money, zero down, OPM, private money, HML...ect. Also the debate about know and get financing first to know you...
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Hi, I recently bought a SFR with a detached garage. The plan is to convert the garage to a rentable ADU. I am in the stage of finalizing the plans before sending over to the city.I am contemplating either a 1Bed1Bath ...
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I was reflecting on some of the initial impressions people have about multifamily syndications today, which prompted me to dig a bit deeper into the ‘why’ behind comments I’ve seen on message boards & social media...