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Hi Guys, I'm about to go into contract on a property, and want a second pair of eyes on this deal:The property is a duplex in Oakland CA in the San Antonio park Neighborhood in the 94606 zip code. One unit is a 3/1 th...
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Due to the fact that the country is currently in a recession due to the pandemic, financing is harder to get. The good news is that lenders are still lending money.
To begin with, there are multiple financing opt...
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So I've been searching around the forums here for about a year now and saving up to be able to purchase my first rental property. I believe I may be ready to start looking at buying something but I'm not so sure where...
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I have read and seen others saying that the 2% rule when purchasing a buy and hold rental is too good to be true and is to be avoided.I have recently seen a few places on wholesale websites that are well over 1% and s...
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Hello all,
I am a chef that bought a live and flip to get my foot in the door with real estate. I bought a foreclosure and fixed it up my self and added a bed room and bathroom on to the house. The restaurant I was...
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Have had this duplex for less then one year. Paid 220k with a current cash flow of around 10%. The surrounding properties are all 4-units (most of them are two separate du-plex on the same property if you notice the p...
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For those of us who are passive investors 2013 brings new federal gross rent tax of 3.58%, thanks to Obmacare. It is one of the myriad of new taxes passed by the Social Democrats. How are other passive investors of th...
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I just wanted to post a quick hello to everyone, I've been reading a lot of helpful threads on BP so figured it was time to sign up and jump in. I'm new to the site but not to real estate. I am a buy and hold invest...
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Hi -I recently closed on a two unit which are ocupied. The inspection indicated that I need several repairs including the replacement of chimney liner and cap (est. cost/labor $1,000) and gutter guards (est. cost/lab...
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As a landlord, who relies on credit scores and other pertinent information to vet renters, I’m concerned about Biden’s latest Executive Order. He’s looking to try to ensure racial equity by a change in how credit repo...