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Hello everyone!So I am brand new, and basically have no idea what I'm doing. So, I decided to at least start with the free course bigger pockets offers. Love it , so far! However, I do not understand the 50% rule. May...
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This year we increased our net worth by 355k from one deal! Here’s the story.
On January 17, at 10:30 in the morning I got an email from a wholesaler advertising a 6-plex in Florence, Arizona, for 320k. I usually bu...
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We built our rentals on land in Kyle, TX that belongs to my parents - they have other rental homes on it as well - and my parents do not allow pit bulls or pit bull mixes on the property. It's just such a risk. I l...
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Hi everyone,So I am getting closer to finding a tenant for my first SFH rental. It has taken me exceptionally long, probably because it is my first time going through the process. This is probably a C-class house wi...
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Ok, So I have been speaking with Private Money Exchange about pulling money out of one of my properties.
Here are the numbers
Loan amount $23,000
Closing Costs $6000 - Taken out at closing
Cash in my hand at Closing...
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Hi guys,Thanks a lot for all of you to taking time to help.I am a newbie landlord and just had my first applicant for my newly renovated first property.She looks great on paper. She has a good high paying job and eve...
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I am new landlord and just bought my very first investment property and feel so excited to put the house on Zillow to rent asap. My local market for a similar house goes from $1700-1850, so I set mine at $1700 hoping...
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My Brother-In-Law bought a condo in Sacramento about 6 years ago when the home prices there were still very high. He initially had a good investment going for him, but now things have radically changed.
He owes $105...
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Here's the background: I have an investment property under contract here in the DFW area, and we are actively looking for a primary residence as well. Both together might possibly put me over DTI restrictions. (I've...
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I know people say not to accept tenants if they have no active income, but this is a medium-term tenant who would stay 3 months and they can pay the entire 3 months upfront. In this case, is it a risk to let them stay...