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I have been discussing possible opportunities with a retiring commercial real estate investor and developer in the Kansas City, MO area. He now lives out of state. I have met with him four times to go over the deals...
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Failed to collect Property Insurance and Property Tax on my promissory Note now buyer refusing to pay $15,000 delinquency on mortgage that is $709 per month @ 4% with $93,000 balance now pending foreclosure. Any sugg...
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Decent, short read in the link below. As someone who raises capital for a select few syndications, I often get questions around rising interest rates, inflation, will the market crash, etc?In my humble opinion, multif...
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I'm considering lowering my rents for the next 2-3 months only because of the strain that COVID-19 is causing. I am able to drop my rents considerably and still make the PITI payments. My number one goal in doing this...
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I have a tenant living in my basement that pays on time and keeps the space clean. She's been here 2 years and recently purchased a new construction home with an expected completion date of December 2022. She has a ve...
I have been watching the last 4 months in absolute awe. Unemployment is through the roof, businesses are going bankrupt, most people are staying home not spending money yet the stock market and Real Estate market are...
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Do you ask applicants for their current landlord's contact info? I do, but never call. A few years back I was put in an impossible spot. I was evicting a rotten couple, not an easy thing in NJ but I got lucky, and the...
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Fellow BPer's,
I am curious how long it takes everyone to get a lease signed from the day a unit is purchased to the day the lease is signed? I am just starting out in Raleigh NC and trying to figure out what an app...
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I have purchased 4 properties that I rent out and have been OBSESSED with BiggerPockets podcasts, forums, audiobooks, and have non-stop been studying investing and trying to learn and become as knowledgeable as possib...
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I'm curious as to what obstacles you faced going through your first deal? How did you handle them? Did they set you back or did you press through with flying colors?