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Over the past 6 months, I have responded to probably 6 solicitations from area wholesalers (mostly yellow letters), and I have not received one single follow-up call! I don;t understand this: the wholesaler spends hi...
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Hi all,Would love your thoughts on this. The Building is in Los Angeles, CA. Subject to rent control.TLDR: Own an apartment building. Should I spend around $28,000 to get an additional $550 a month in rent (conservat...
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Earlier this month I was able to successfully rezone a property I own from single family to duplex, which will be new construction. This is the first permitted new construction duplex in my city in decades (40 - 50 ye...
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HI all,I'm a new member from West Michigan. Looking to connect with fellow investors and start my transition in real estate investing full time. I have to say I love the site! Been snooping around the forums, podca...
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I was fortunate enough to purchase a multifamily using a FHA loan. It was a short sale in 2015. Purchase Price: $600kMortgage balance: $540k @ 3%Net income: $1600/monthThanks to nice growth in this neighborhood, which...
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One of the things I LOVE about real estate investing is how optimistic, creative and cheery everyone is. Generally, you don't get a lot of excuse makers in this business. However, I know we all have really bad days an...
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Hi, I'm Mike Lam. Completely new to Real Estate. I live and reside in the San Jose area. Recently not working and had a sudden intense interest in Real Estate Investing.
The book that got my up fired up wa...
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Hi everyone,
I've spent the past few days scanning BP and am very excited about the community that you all have established. There is plenty of positive and honest advice that seems relevant to all.
I'm...
I understand the benefits behind hard money lending, its guarenteed return from your cash... however, what cases would a hard money lender trust someone they don't know/barely know? I'm getting to a point where I migh...
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I've gotten a lot of questions lately about rehab and renovation costs. I think it's very tough for new people to understand the real cost of renovating an apartment, house or building. I also see a lot of posts fro...