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Should I Be Working Towards Landlording or Build My Wholesale Business
One of the "gurus" I follow, flat out said, "wealth is only built by buying and holding."
Most of the "gurus" I follow, hint at tha...
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There seems to be a common sentiment that buying turnkey rental properties means you are leaving money on the table. I understand this viewpoint because the turnkey company does have to make money somehow and their pr...
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Inspired by BP episode #392 with Todd Baldwin where he discusses purchasing property in expensive markets with high population density and strong job market. To overcome the high prices, he rents the properties by the...
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Hey guys quick question if I was to purchase a property in Florida through the owner/seller directly would I avoid closing cost? Obviously would get a lawyer etc.
Firstly, let me start this story with a brief background. I have been in real estate for 15 months now, and I love it. I actually decided to get into real estate because of the experience I had with an agent. They wer...
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As someone that's held real estate for some time, and have sold off others, I'd be curious to hear of other BPer's factors for holding vs selling.As an example, the Bay Area market has appreciated massively in the pas...
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Hi all,I am trying to hammer out the repairs and replacements a tenant is responsible to pay for as well as my responsibilities as the home owner. I have been reading on BP and the answers are all over the map. Will y...
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Hello everyone,
My wife and I own a mutli-family home and purchased it in February 2022 for 495,000. We put 5% down using an FHA loan and currently have an outstanding balance of 450,063. We opted for the FHA so we c...
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Good evening,
I purchased a townhome in Houston, Texas in August 2020, locked in at a 3% rate with a low 5% down payment on a conventional loan for $284k. I currently sit at $258K to go on the mortgage and did this t...
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I'm posting this today because my rehab is complete and that in itself is a success. I bought the house because a) I could write a check for it and b) it was a real live biker bar and I'm a sucker for a story. Here ...