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Hello, I am a newbie and I have been reading this forum and others. I will be buying my first property soon but recently I have seen a few tenant occupied properties and these look like a good first deal for a newbie...
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I'm currently considering a duplex, list price is $45,000, but I've been told I could probably get it for around $37,500. Very low crime area, good location. (I'm from the south in low populated blue collar area)
T...
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generally speaking, when you're looking to buy tax lien certificates, are you hoping to foreclose or rather to earn interest on your money?
Also, what kind of due diligence do you do before committing the funds (i.e. ...
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1) Can anybody please share with me if you for long term rental properties normally charge a security deposit equivalent to 1 month's rent + the first month rent + last month rent?
2) And if the tenant wants to renew...
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Thanks to all the donations, BP nearly doubled the total donations received with this giveaway for this year.
Method used, was to assign a # of 1-50 for each $25 donation. The #'s were all mixed up by Josh and t...
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I bought a quad last month through VA financing. With accordance to VA financing I have to occupy one of the units within 60 days.
The four tenants are all pretty nice people:
Unit 1: Retired military recently divo...
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Has anyone else noticed houses drying up compared to the past couple of years? It seems like there is barely any inventory on HUD properties and REO's. What could this mean?
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Hi, I am a new member of BP. I recently bought a new rental property at Houston TX. It has been one month and the real estate agent still cannot rent it out. I am out of town so I have to use a local agent. The price ...
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Hello! My name is Sean and I'm from Spokane, Wa. A little about my history; I partnered with a friend back in 2007 with the intention to do house flipping. Together, with cosigning with his wife, she and I closed on a...
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Quick question regarding getting a pre-approval.
Should I go through the loan process prior to looking at properties with a agent, or go look at properties even tho I don't have a pre-approval letter.
This reason be...