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When approving new tenants I do my best to screen out people who will not take good care of my property, in addition to screening for income, etc. My single-family home properties are not high-end but neither are t...
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Hi everyone. I've been listening to/reading BP for a few months now and just found a way to buy my first investment property by partnering with a friend! I'm excited to get started, but I've heard and read over and ov...
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I am looking at a 15-unit in a flat market area (Rochester, NY) and the seller is saying he paid 320k when the tax records show 290k. He says he "paid 30k additional outside of closing". Can I ask him to prove it s...
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I often refer to Robert Kiyosaki's Rich Dad, Poor Dad book as "taking the red pill" because just like Neo in The Matrix, the world never looked the same after that!
Hi - this is John Chang from the Los Angeles area. ...
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I am 21 years old and I am extremely ambitious and motivated. I am currently a sophomore in college and I am interested in investing in a small home located near my campus. I desire a three bedroom house so that I can...
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As a beginning investor, I’m trying to figure out where exactly I want to start. All the advice I get seems to point to the theory - start small, make mistakes, learn your lessons, and move up gradually. I’m curious...
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My wife and I bought a slightly rundown duplex almost 2 years ago as owner occupants and have now fixed up both sides as they became available. We have effectively raised the rent of the side that we don't live in by ...
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I have a 2 bed 1 bath home that I bought prior to being married and having our first child. I am quickly realizing I don't have enough room for a growing family. So I'm trying to figure out the best path. I purchased ...
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I searched the forums but came up empty, so I thought I'd post this here:Is there any legal considerations or penalties to worry about in buying a duplex and then selling it immediately? Is it possible to do a double...
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Hello BP community, I have been doing marketing recently to target property owners that are interested in selling real estate, I tend to be running into quite a few upside down mortgages and short sale pre - foreclosu...