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Hello BP community - I am a complete newbie and trying to embark on my first project. The education I have gained so far is pointing me to the direction of Buy-And-Hold strategy, but I have heard that DC area is not v...
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We purchase low income properties for between 10-35k and use them as section 8 rentals between $700-$850 per month. I know that banks dont like doing traditional Mortgages on properties under 60k ish but what about re...
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I've been in the process of putting together a private money info packet, as I've not used anything other than conventional financing to date. HOWEVER, this deal has presented itself to me before my ducks are in a ro...
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Hello! I'm a new investor seeking help with a long term situation. While I was I the service, I was stationed in Valdosta, GA. I purchased my first home in March 2008 through a VA loan (0 down payment) for $159,000 w...
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The city of Detroit has declared that tenants need no longer pay rent unless the landlord complies with the city's new stringent inspection & registration regulations. They have identified their enemy and declared...
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I've been a home inspector for 14 years, and I'm just now getting into flipping houses. I'm a total neophyte, for now. But I'm curious about something. If flipping houses is so good and such a lucrative business, ...
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Just got my first deal. Now we are ready to renovate. Is it customary to pay contractors anything up front? Most bids came in asking for 50% up front and 50% upon completion.
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So one of the neighbors in the nice family neighborhood in Colorado Springs where I own a single family rental has been complaining to me about the tenant I have in the house.
I have a property management company, an...
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Hello,I have been hearing on BP podcasts that tenant turnovers can equal about $6000-8000 (one host even said up to $10k, if I recall correctly) when lost rent and repair/upgrade costs are factored together. That seem...
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He is hosting a free Multifamily Mindset thing in my hometown this weekend and I’m interested in attending