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Hi, my name is Kai. I recently read Brandon's book “The Book on Rental Property Investing" and got really interested in real estate investing. But here is my situation. I work in the finance industry, and my day job i...
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I have one property that I purchased in 2019 from a turnkey provider, so there were no expenses on my part other than getting the mortgage. The first tenant moved in in January, so there was no income in 2019.Is the d...
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Economic Update
(Monday, August 31, 2020)
The US economy got crushed in the second quarter, with the worst decline in real GDP for any quarter since the Great Depression. However, the good news for real estate...
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Several threads asking about seller financing as the seller, what should you look for or consider as the buyer?
Let's start with a question to the seller, why do you want to be the bank?
Your due diligence about the...
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Hey there everyone,
I took a hard hit during the housing downturn and now I'm finally ready to begin investing again. After listening to many people online talk about lease option assignments and sandwich lea...
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I had a few sellers contact me needing to sell some properties, but I do have any buyers. The one chance I thought I had was using those We Buy Houses companies that would buy properties from investors. I contacted th...
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Has anyone purchased a tax lien from a tax sale in any of these three states (Colorado, Wyoming and Montana ) ? I see they are all tax lien states. I was reading about WY and the process they use; the computer randoml...
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Hello,I just sent out my first mailer using @Jerry Puckett In NJ somwhere.I started getting calls yesterday and it is a disaster, I will try discribe all the issues one by one.Someone calls while I am in the car I ans...
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I want to hear the good experiences and bad on this one. Do you really win in the long run by lowering rent for a longer lease, or should you stick to the script of 12mo leases?
What are your thoughts on this?
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Hi BP,On January 5, 2015 my partner and I put our first property under contract. On January 30, 2015 we closed the transaction and made $17k total profit. This thread will detail how we found the deal, obstacles we ov...