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Investment Info:
Single-family residence buy & hold investment in Memphis.
Purchase price: $73,000
Cash invested: $21,520
Contributors:
Stephanie Jones
Second Turnkey Property OOS...
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Why is the cap rate normally reserved for commercial real estate investing? Do I look like I don't know what I am talking about if I market a SFR or duplex and mention its cap rate?
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I was just looking at a deal that was a 7% cap, but it was based on projected NOI after I renovate it. Is this common that brokers and sellers advertise this way?By the time I renovate it and sell it (assuming a sim...
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I'm a first time investor.
Currently, looking into a fourplex in Bay Area, the rent is 2100, due to the landlord didn't increase rent for past 6 years. If the rent increase to 2400, I can break even, while the pre-c...
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Hello!Looking at purchase a first home but the issue is the homes we’d like to invest into in our area are far too expensive. My fiancé and I are open to investing out of state and are actually in a trip in Texas to c...
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I know this probably varies based on location, but I was curious if any Realtors had tried competing on commission percentage. Or at least used lower commissions to incentivize sellers to use you. When I got my licens...
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Hi, each time I resell something I have a lot of questions on what have been improved in the property. Sometimes I have done very little to it, and feel a guilt of inflated price. Did you ever have a flip with no valu...
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Anyone had any experience with this fellow Than Merrill? His group came through our town and made an interesting pitch. Google searches say the first seminar is pretty good info, but the real pitch is the $40k upgra...
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What do you think about sending gift cards for the holidays to tenants?Last Christmas (2018) my buddy and I sent out dinner gift cards to the tenants. I also did this for my tenants for Christmas in (2019). The idea i...
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I see some investors on BP really focus on initial cash flow and when running a business this makes total sense. As a business experiment, I recently rented out a car I bought ( $3500 all in ) with a service like airb...