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1. Screen your tenants better. Do intricate research and invest your time in getting to know them beyond just knowing that they are people who need a place to live and on the surface seem to be able to pay. 2. Ensure ...
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I am planning to buy a house with just about every dime I have saved. I may rely on the 5k in credit cards I have as a safety net. I know it seems risky but the homes at my maximum budget will likely produce the highe...
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I attended a REIA meeting in the area I'm looking to invest in and one landlord stated "any vacant house in this area will have it's copper piping stolen. Groups mark their territory by leaving a brick in the middle ...
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It has been agressively stated here on BP that operating expenses average 50% of gross rents. I have posted many times that while that may be true with some properties, it is not accurate or appropriate to use this pe...
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Hello BP Community!
I have a multi-family (4-unit) property that my parents and I are looking to acquire in Michigan (Northern metro Detroit). It is an interesting piece and I would LOVE to get some feedback ...
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Hey Everyone!I'm a soon to be college grad in may. Have started a few businesses during college. All of which are growing well, however, I'm selling one (ecommerce store) to fund the down payment of a duplex. In this ...
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Hello all, I am reviewing a syndication opportunity where the sponsor strategy is to improve the operations & rent of the current apartment, and cashout refinance in year 3. 1. The sponsor assumption is to cash ou...
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I have been renting out the top floor of a condo for 6 years now (different tenants over the years). Had a new tenant move in 5 months ago. This is in Virginia.
Today I get an email from her telling me that she's bee...
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I love this site. I am buying my first Property, a duplex considerbly
under market value. Both units are currently rented although not for as much as they should be, and they are on month to month instead of a lease....
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Currently looking at a 7 unit, split between two buildings on one lot, and it’s listed as having propane heating. Has any had any experience as a landloard with propane heating compared to oil?