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So after months of looking I finally offered and had a contract accepted on my first duplex. It is in the Columbus, Ohio area in a B quiet neighborhood with duplexes (don't have much info on comps because people have...
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I observe the term “investor friendly” lender used regularly in these forums either by posters seeking financing or in the manner in which lenders market themselves. In many cases the forum inquiries or forum promotio...
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We recently listed a duplex for rent in Milwaukee, WI. We received three applications. After calling the references and verifying income, etc. we narrowed it down to one possibility that looked good. We informed this ...
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I love automating my rental business. Here is a short list of what I have automated so far:1) Showing pre-screening: After getting some ideas from other Bigger Pockets users, I automated gathering information from pot...
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Advice from an experienced investor to those starting out
1. Stop chasing guru/mentor “education”, tactics, strategies. Concentrate your education on real estate principles, real estate law, and real estate financ...
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I'm having a conversation with another Christian businessman, and he is convicted that "the borrower is slave to the lender".
I know the arguments for and against borrowing to buy real estate, and from a purely mathe...
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BP! Would love some thoughts and opinions from the community. Here's the sitch:I purchased a duplex in LA in 2020 with a sub-3% interest rate. I moved out of it and now operate it as a rental (one unit LTR, the other ...
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I was hoping to poll those willing to share on your personal practices for keeping reserves as buy and hold investors. If you are willing to shed some light on your philosophy behind your practices that would be even ...
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Hello BP!
I'm interested in hearing your thoughts on what qualities and skills make a property manager truly stand out. Whether you're an experienced investor or just starting, having a reliable and efficient propert...
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Hey guys thanks in advance for anyone who reply's :)My question is - if i buy a property lets say its worth today 100k with a 75k mortgage, and the market crashes next year, and the property is now worth 75k. Will i b...