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Hey all,After two mailings I have my first live lead and am going to see the condo tomorrow. Been doing some investigation because the owner is being tight lipped and is pretty emotional. Found out that her mother nee...
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This is a long story so I will try to make it as quick and simple as I can.
So back in 2019 I moved into a 2 bd house in Alexandria VA, that I was renting. I had 3 dogs and paid a 1300 non refundable deposit towards...
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For the sake of clarity, I am using simplified round figures...
I took out a six-month hard money loan to improve a property I already owned in my personal name (paid cash) for $100,000 nominally, with 5 points orig...
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Hello BPers,
So I have a few contracts that have been attorney reviewed and want to be sure I have everything I need. I want to know what is needed to close or assign exactly and I will be closing with an a...
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Hello Folks! I have been gone for a while, glad to be back.
Please, if you could give your opinion or advise on the following question, I will greatly appreciate it.
I have decided to start making offers on REOs w...
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Hi all,
I have a rental property available for rent now. Unfortunately, a lot of applicants who respond to my ad don't have good credits. When I listed my property, we didn't expect to have tenants with pets because ...
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I'm in escrow on a property. I removed all contingencies and my loan fell out the next day! Seller wanted to cancel escrow at that point. Don't want to lose this deal! I immediately found new buyers and assigned contr...
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I own 20% of a CA investment property. I'm a T.I.C. partner and passive investor. Meaning, the 80% partner is doing everything from renovations and repairs to property management. I do nothing except receive quarterly...
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Hello BP, I'm curious if you could provide some insight into the 50% rule. More specifically, does this rule of thumb include property management fees or would those be additional?
Thanks in advance!
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People say around here... You can think about it or just do it... We'll I did it. I currently live outside of the US, own two rentals in Colorado and slowly working my way into real estate. With recommendations found ...