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Numerous friends of mine are eager to dabble in real estate but they are unwilling to give up their day jobs. Though I assure them that it is ok to start small, minor fixers to flip, or buy inexpensive properties to ...
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I’ve posted some of this stuff before but I figured it might help if I shared a few of my blunders here that could have been avoided. Hopefully some sharp investors read this and offer me and others advice on how to n...
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Guess I need to add a trampoline clause to my rental agreements. Our tenant setup a trampoline, without my knowledge. My guess is that it is a used trampoline, because it has no net or spring cover. Well, it just so h...
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Hello, I'm developing a business plan for my REI and I'm wondering what credit score do most people use to determine potential tenants? 780,740,720, 550???? Is the score or the record what concerns landlors most?I pla...
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Hello BiggerPockets community,
I'm in a pretty unique situation right now, and I’d appreciate some guidance. Unfortunately, I lost both my father and a close mentor within the past six weeks, and each left me signifi...
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As an investor/agent, am I legally able to pay a bird dog a flat fee or a percentage out of my profits ? If it's possible to do so, how would I go about doing that ? Do I need to get a separate contract drawn up? I've...
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A friend of mine is saving up for his first downpayment. At his current rate it’s going to take about 3 years of saving in order to come up with his first downpayment. I’m curious how others came up with theirs. My fi...
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Hello To All Willing To Share Their Knowledge,
I am wanting to put together a "whole sale deal" or "assignment of contract"
Question: Once I have equitable interest in a property, i.e "from escrow funds...
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Hey everybody,So my girlfriend and I recently started our direct mail campaign to an absentee list we got off listsource.1st touch consisted of small yellow postcards provided by yellowletters.com. We added ourselves ...
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Hello Everyone.I'm new to the site, so if this is in the wrong place, please forgive the fact that I'm a newbie and just point me in the right direction as to where it should go.I am in the process of trying to start ...