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Hello BP family, what have you found to be the best way to collect rent? I'm closing on my first deal soon and currently some of the tenants have paid cash through PayNearMe. But that service is not available to sole ...
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I'm looking to start my REI journey in the next few months or so and I'm struggling to find properties that make sense finically. I'm looking for properties close to where I live in southern PA so I can manage my own ...
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Hello- 1st ever post.I've been wanting rental property for a while and am starting to educate myself.My best friend has to move very soon and has offered to sell me his house at fair market value but with no realtors,...
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I currently own (no mortgage) two homes and I am living in one and renting the other. I am looking to purchase another investment home for income purposes and I do have the cash to purchase one property outright. I a...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,225,000
Cash invested: $100,000
I call this my "Freeplex" because the cash back I received from my commis...
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I have two scenarios I’d love some advice on. 1. I have a home I purchased 14 months ago for 475k. Someone made an offer I could not refuse for $725k. I owe 225k on the property. We close in 17 days. I was curious i...
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I was listenting to a couple of old podcast this week about how the housing market is getting close to the end of a cycle (one from 2015, one from early 16). Flippers complaining about the lack of deals and margins s...
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What do you all think about me renting an apartment in order to invest in other RE for cash flow?
I am finding that where I can afford to buy is not where I want to live; where I want to live, I cannot afford.
So,...
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Hello Bigger Pockets Community!
I'm looking for some advice on the type of loan I should use for my first buy-and-hold rental. I've saved up a chunk of funds, maximized my credit score, and paid off a substantial amo...
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I am currently looking at a purchasing a 4 unit Multi-Family to rent out. It has 15 bedrooms and 8 bathrooms and has a rental history of $5600-$5800 a month for all four units. Say I purchase the property for $500,000...