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Greetings! I am excited to jump into REI! However, I wanted to know how much do I need to know about being a landlord before jumping into a multi-family property. 1. Best way to introduce myself to the tenants? ...
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Hello, I have this good opportunity buying a complex. Seller offer private financing for 10 years @ 5% interest rate. Cap rate is 10% @ $2.2m ($400k DP) and I'm calculating approx. 33% annual profit at these rates. Al...
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I've found a 2-family property in Bushwick, Brooklyn where the seller is willing to carry some financing (he has a $400k mortgage to pay off). He is asking $850k for the house, and it probably needs $150k in renovati...
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Hello everyone! My name is Valerie, I’m 27 and I’ve never been a homeowner. I thought why not buy a duplex of some sort and live in it while I rent it out? I’ve been listening to podcast and videos to gather more info...
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Is it necessary or worth taking a property management for a single house? It’s a townhouse 3b2b at Orlando. Please for honest advice
Thanks
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Hi,I'm deep in review on a SFH in NJ, we already determined the SOW, all fits the formula. Our contractor noted a crack along the main beam of the house (in basement) I ordered a structural engineer today who determi...
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Hi All,We found what seems to be a good deal on a property where 7 units were built, but only 5 are being sold. My wife and I are looking to house-hack, but don't want to pursue a commercial loan. The description says...
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I unfortunately am a very introverted individual, and I have to work on becoming more comfortable with interacting with others. With that being said, what do you think are handy tips on being professional when talking...
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Hey All!I just had a conversation with a friend (You know where this is going) and he wants to partner up with me in REI. Our situations are very different. For one, I'm in another country/continent and he's back in M...
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I made a verbal offer to a seller on a distressed property and I realize I didn't due my due diligence well enough. The seller called me back and accepted. Its a very low offer but in a warzone neighborhood. I am sup...