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I'm wondering if someone can clear this up for me. I've heard people tell me you should use a buyers agent because it's "free" they take a split from the total commisions paid by the seller. I've heard people tell me ...
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I presently have a portfolio of 25 doors. A mix of sfr, quadplexes, and one 3-unit office building. I’m pretty highly leveraged at the moment. Roughly 80% across the entire portfolio. I have a decent w-2 job, low 6 fi...
So bare with me here ladies and gentlemen, I'm new and this is my first post. I haven't spent much time browsing the forums as I've been trying to gather knowledge from other sources reading books, podcasting, webinar...
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I closed on a 4 unit on 3/01/24 and sure could use some help.
I appreciate any responses to anything below!
- 3 units are occupied by seller’s close family - All units are on month to month basis
- All units ...
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I am officially in the process of collecting rent for the first time ever. I have collected rent from one unit in the form of a money order and a second in cash. What is everyone's strategy to collecting rent in cash...
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Thanks to some of you guys I have gained the confidence to move on and do a little networking and marketing to work on finding some owner financing possibilities. I am going to try and find a lawyer to help with t...
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Hi Everyone, Looking for your great advice and experience I'm working on acquiring a 4th rental and am concerned that a bank won't finance me because I'm already approaching the 45% DTI limit. I'm calculating this by ...
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I've got $50k to work with, and I need a place to live in the Twin Cities (Minneapolis or St Paul). Here are some of the options going through my mind:1. Buy a SFR and get roommate-tenants off Craigslist. (Buy-and-ho...
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Hello everyone!My wife and I closed our first deal on the 7th on our new four unit property which is fully occupied. One of the tenants is a co-worker, which was not something I was terribly excited about initially, b...
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So it is winter and I have been searching for bargain priced condos to add to my rental portfolio. Unfortunately there is a severe shortage of townhouses, which seem to be the best kind of rental unit here, in contras...