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I am really curious as to what kind of background most people were before they started working. For example, Were you in a high paying job? or did you owned a business? or were you just a college student like me who ...
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so long story short I bought a property that needs a lot of rehab and my budget borders on just enough which to be honest i'm sure is never really enough but enough small talk. bought the property for 200k, have 35k f...
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First of all I want to thank Biggerpockets for an awesome site and tons and tons of information that has helped me succeed. Wouldn't have been able to do this without you guys. Here is a little back story, I purchased...
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I am a wanna be investor. I have done no deals. I've only seen a few homes with a realtor. The issue I'm having is that I am starting part-time and I travel quite a bit for my full-time job. So I can't see any homes d...
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I'm sure there are a dozen apps out there to send text to remind people that rent is due. Can anyone recommend one?
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Hello BP,
So there is a home that I looked at today that is available for lease. It was shown to me by a property manager. It looked like a classic case of someone who accidentally turned into a landlord....
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Where are all these wholesalers with all these deals? I've been contacted by several wholesalers, but when I ask for deals, crickets chirp. Sounds like big talk, no action.
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So I just ran the numbers on a potential rehab property. Purchase = $310,000. Rehab = $80,000. ARV = $499,000.My profits before realtors commissions = $71,585. After deducting $29,940 of commissions, profits = $41,645...
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Concerning wholesaling and the nonrefundable deposit:1.) Why do wholesalers implement these (especially if the deal is a legitimate deal)?2.) How can a new real estate investor convince a wholesaler that a nonrefundab...
Hi Everyone. I wanted to see what your experience has been with spending a little more on rehab and has that helped to reduce your tenant turnover? Maybe improving kitchen cabinets, countertops and replacing vanities....