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Hi BP,
This month I have had my first late rent (two tenants, actually). I sent a firm reminder email right after midnight asking if everything was OK and summarizing the lease's late fee schedule.
Thi...
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What is the price of the cheapest house you have bought to rent and how much did you get for rent?
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So obviously the "hood" is not the ideal place to invest in rental properties but how bad is it really? Can someone brake it down for me? What are the Pros and Cons and do the Cons out way the Pros or does it depend?...
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I have spent the last few months digging into different aspects of RE investing. One of the best questions I have heard asked is what is your why? Why are you doing what your doing, or what was the motivation that got...
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There's been a lot of discussion on the forums as it relates to differentiating bad debt from good. The most common view on BP is that any debt which does not produce investment returns is bad debt.I, for the most pa...
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I’ve mentioned over the past few years to be careful how you pump and promote short term rentals to people in search of real estate. As I said before, when people take loses, they file lawsuits at anyone associated.Di...
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I am renting my house for the first time and held an open house today. I received a very positive response with 7 applicants which is slightly overwhelming to say the least. I have it narrowed down to three but am in...
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Curious what everyone's thoughts are on the following 2 options:
1. Put money aside in 401k and take a nice tax savings now, but not be able to leverage the money easily for REI. With a Self Directed 401k I may have...
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Anyone from Minnesota invested in turnkey properties out of state? If so, which ones and how has your experience been? I would love to get some feedback as I am doing a lot of research and talking with companies in In...
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Hello All. I literally just stumbled upon this forum while attempting to research real estate investing. I've put work on hold to dig into these forums and you guys are such a wealth of knowledge and experience, I'm h...