I'm confused how using setting aside a percentage of rents for repairs makes sense. And where does that number come from? A $600/mo rental and a $2500/mo rental may have the same reroofing or repipe or mainline or H...
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my tenant had a $350 electric bill last month, almost 3000 kwh. 1600 sqft brick house built in 2005. What is the most likely culprit for this? I have someone coming to check out the ac this week anyways. Any other po...
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I am in the process of choosing a Solo 401K provider (for lack of a better term) Costs range from $500 to $1500 for initial set up and $125 to $200 per year to maintain the account each year. Has anyone experienced ...
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Real estate has people from all kinds of professional backgrounds, some of which you'd be shocked. So what did you do before real estate ?
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In a predicament. foreclosed loft sold for 130k in 2004, now an REO. bank wants 80k.
Taxes: 260+/mo.
Dues: 230+/mo.
All in all fixed cost to own the unit: $622
Will rent for $800 easily. $178/mo cash flow or $2136/y...
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Hi All! I am a newbie with one successful flip under my belt. I work mostly with preforeclosures, but am also interested in fixer REOs. I have 20 offers in and have recently begun focusing on the bad areas of town ...
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I’m having a difficult day (few days) and am hoping to hear some words of encouragement from the community that will help convince me that real estate investing is a good idea. That I’m not wasting my time looking int...
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Hey guys, I see a lot of experienced investors here who have at least had one deal under their belt. Everybody has been a newbie at one point. What is one thing you wish you had known when you first started out, what ...
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For those who have hired PMs or had to train their own PM, please talk me off the ledge (or push me over)... I just found out yesterday that 3 of 25 units have not paid April rent yet (and I found out on my own). My...
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Hello BP community!1st I want to thank all of you who stopped by to give me advice, I really appreciate it. :) I recently sold my home in WA state(offer was just accepted) and I am looking to take about 13k from my ea...