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Market: "Urban" area in Berkshires, MA. Area is projected to be in population decline, however, I see rentals as a better option for people moving to the area because they, like me, aren't sure they want to stay and h...
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Hey All! For those of you starting out, it seems like terms and equations for rental properties is like speaking another language, especially if you are not good at math. I typically type these guides up myself but w...
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Hello BP'ers! I'm a new landlord in the Tampa and St. Petersburg area and just purchased my first rental property. I have my first propsective tenant who has put down a deposit to hold along with his application. He's...
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Hi all We are looking at purchasing a 16 unit Building. We have $20k to put down and I need some ideas for creative financing. the property is a foreclosure and the previous owner purchased it for $750k. It is well...
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Working on my numbers for my next rehab project and I need some input. I haven't had to change windows in the houses I've rehabbed so far, so this would be a first.
There's nothing wrong with the windows, except th...
In my research I've come across several different formulas people use to determine if a deal is worth the risk. The 70% rule [i]seems to be the most used and discussed (?).
While at a workshop recently I met someone...
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What are the long term effects going to be of the arson, looting and vandalism in downtown areas across America? Businesses were already in financial trouble. Now struggling businesses received the final blow. What ef...
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Hi BP - I'm starting a direct mail campaign and want to know what are the exact next steps once a seller agrees to sell? Should I get a contract drafted by an attorney? Should I work directly with a title company? I w...
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Well, I’ve had my first taste of a scam being run on my (1st ) rental. Our agent put it on the market in mid-February 2011 and we signed a rental agreement with tenants just last week. Apparently, someone has been...
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I would love to know what are your preferred methods to receive rent payments 👍