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So I have an accepted offer on a duplex where the bottom unit is currently occupied by the seller's son, who wasn't paying any rent at the time - I knew this before I made the offer. I spoke to him (the son) briefly y...
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Hi Everyone,I’m extremely grateful for the BP forums and for everyone’s willingness to share knowledge; what a great place where everyone contributes to others’ success!I am new to the real estate investing world, and...
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Hi all,Still trying to wrap my head around the basics of note investing. It seems that to calculate actual returns, you need to of course factor in your acquisition costs, but also the servicing costs. FCI charges $1...
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We have 4 single family properties in town, and are in the process of looking to purchase our 5th property. However we are having trouble determining a strategy – we go back and forth between in-town lower income neig...
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Today I close on my first property. Yay! A two family here in Massachusetts. Tenants are paying way below market rent. How do I go about increasing rent if is already the end of the month? They don’t have a lease in p...
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Looking to get my first rental by end of summer. I am torn between single family of multi family. I can get a better ARV on single family and refinance. But better cash flow on a multi. I have the BP book on house...
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My wife and I spend quite a lot of time at a lake in southern Virginia (Kerr Lake, aka Buggs Island). We are contemplating buying a house down there and setting it up as a vacation rental. I know all houses are differ...
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Hello, I'm attempting to use crowdfunding for a purchase. The property in question is a 4 unit building, 3 apts, 1 commercial, all rented out, outside the Philly metro area, private seller. All systems have been updat...
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I know little to nothing about investment properties. I accidentally got my first rental property by helping out a family member 7 years ago. This property is not cash flowing, but helps out my family member. I ...
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Hello everyone, first post on the site but have been watching and reading for some time. So much knowledge on the site and have learned so much! Quick about me- I have a 4 plex that I've owned for right at 2 years now...