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Hi folks! @Shane Pearlmanand I are working on structuring a partnership for a commercial investment (We aren't sure yet if we'll invest in California, Minnesota, or Washington).I have a short sale on my record so I li...
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Hello,This is my first post, so I hope it complies with the rules. I've been doing a lot of digging and reading everything I can. I am about to close and acquire on my first multi-family investment property (Hartford,...
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We evicted some problem tenants back in 2010 from a house we rent out. Well after a long eviction and court fees we received a Judgement of about $15,000.
The lawyer wanted 50% to try to collect the fees.
I wanted...
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I'm considering a self-directed IRA but have a few questions.
First, If I purchase a house outright how do I calculate ROI? Is it simply (Monthly Income - Expenses) * 12 / Purchase Price?
Second, since I pay Taxes,...
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Good Morning Fellow BPer's!I have a situation that has come up recently with a rental unit that I have and wanted to see what the communities thoughts are. My tenant recently passed away 11 months into a 2 yr lease i...
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When developing affordable housing in California (more specifically Los Angeles), how complicated is it to raise capital using subsidies?Is it common for developers to use subsidies to cover 100% of the construction c...
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I feel there is gotta be a catch - HD is offering free whole house install with purchase of carpet and pad.What is the catch? :)
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Hi All,Going thru a refi right now on a SFR property and wanted to hear your thoughts. The basic numbers: 123k balance with 16 years remaining. Current rate is 5.49 Im talking with Quicken Loans about doing a refi, ...
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Hi everyone!My name is Kris Toribio. A little background information on me - I'm currently living in Skokie, IL. I'm a full-time graduate student at DePaul University pursuing my doctorate degree as a Certified Regist...
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Hello BP community,Here is the situation. I'm really itching to get started with an investment property. I'm looking to buy a HUD/Fannie Mae forclosure paying 3.5% down. The issue is I'm only 2 months into a 12 month ...