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Does anyone for see another housing crisis like what we had back in 2007. I heard economist Harry Dent speak on this about 3 years ago in Atlanta. He predicted a housing market crash sometime between 2016-2019. Let me...
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I am a new investor and looking to get into my first rental property. I have a few different opportunities but my question is: for your first rental property, would you want something that cash flows good with bad app...
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I’m in San Diego. My goal with purchasing a property is to reduce my rent to 2k or less/month while starting my real estate portfolio. I plan to hold the property indefinitely and to eventually refinance it for a dow...
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Hello, I've been searching rental properties in Austin for the past 2 weeks and did not find anything that passes the 1% rule or has a cap rate over 7%. It's more like half of that.If you were to find a property with ...
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My wife and I have been researching and visiting small multi-family properties in the Worcester, MA area. We're finding opportunities in the lower income areas but it seems most, if not all, barely meet the 1% rule......
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We've recently sold a condo in Myrtle Beach and bought a new beach house in N Myrtle Beach/Cherry Grove and I'm looking for some top suggestions for features that guests love to see in a property. We thought we had do...
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Hello! I am looking to invest in Multifamily Units with value add potential (12 or less units to start). I live in Santa Monica. I have been reading forums entries on markets and things to look for and am trying to...
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Hi all,I have just begun to try and stick with the 3x rent salary. Do you ever stray? I have a nice single mom applicant, works 30-35 hours/week at $17 hour, gets $400 month in child support and still isn’t close to 3...
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I have a property in Hawaii which I've rented to some tenants who are making a mess of it, upsetting the neighbors, and incurring violations with the homeowners association. The lease ends November 30th this year, abo...
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Hello BP,I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens t...