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Would you purchase a property in Chicago with a non-conforming or illegal unit? What are your exit strategies if an issue comes up? What are the insurance or legal risks? Would you purchase the property valuing it wit...
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Dear BP community,This will be my second investment property. I have two main questions 1) financing; 2) whether to leave the home an unofficial Duplex (it has Licensed Neighborhood Commercial zoning) or convert to a ...
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Hi everyone,I had a friend reach out about a situation he is in. He has been living in a town house for awhile now and he just adopted a dog (part pitbull) and now his landlord is trying to evict him. He sent me the l...
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I have been using the https://biggerpockets.mysmartmove.com for several years. and I found that even the smartmove.com claims that benefit is that tenants can get get their credit reports generated without giving ...
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I’m looking for REI groups in the Bay Area that specialize on investing out of state.
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I'm looking for some advice on the whether I should hold on to paying my month HELOC payment of $613 a month for a BRRR property, or should I go ahead and pursue delayed financing? I purchased a property ALL CASH for ...
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Hey guys, I have been watching the BP youtube videos and have been totally inspired to invest in rental property. I am a physician in Southern California with about 400k in educational loans to repay although I have s...
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I was speaking with a Realtor who specializes in land contracts. He said I should put 20 percent down so I can hold the deed. My question is it necessary or can I put down less and still control the property? Thanks
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I have an tax deferred Inherited IRA with about 95k in it. I am looking to start my buy and hold business and am looking for ideas of how I can use my inherited IRA to invest in real estate without directly withdr...
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I know everyone has their strategy, but I am trying to decide how best to proceed.
1.) Local market: rentals provide 17-21% annual returns for single family detached priced between 40k-70k. The market is great for b...