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Hello BP community, just checking in with the group for any tricks of the trade with portfolio management or accounting systems being used by note investors. I use QB Desktop Pro for all my accounting and it seems to...
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I work a full time job, but would really like to start learning about real estate investing/flipping etc. I only have weekends free and maybe an hour or two on weekdays. Does anyone here do this on the side and have a...
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My wife and I are finished fixing up our first flip. We calculated our repair cost and there was about $19,000 worth of work done by contractors. We spent another $8,000 on materials for DIY such as flooring, paint, ...
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I asked a broker to quote a refi for one of my properties both as a rental and as a primary, to see what gives. The only difference was the interest rate on the rental was 62.5bps higher. I was anticipating a higher r...
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I picked up this property for about $33.5k and put about $14,000 into the house. I bought it in mid Feb and have a tenant moving in on Tuesday, April 1 for $1,095. The first tenant who came looked at it put an appl...
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Hey there,I was wondering if REIs apply to lenders directly or use mortgage brokers? through what I have heard here and there, investors have been applying themselves. Could you list pros and cons of each? I'd think o...
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Hello everyone
My name is Laura and I am a current home owner. I purchased my first 2 family home back in December of 2016.
I qualified for a 203k HUD loan and I was assigned a contractor whom took a full year to "c...
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Hi BiggerPockets Community,We are looking into purchasing a 2-3BD SFR in suburban Atlanta (DeKalb, Gwinnett or Cobb County) within the $180K to $260K range, with a goal towards cashflowing the investment at 25-35% dow...
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Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...
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Can anyone explain why it is so difficult to buy a cash flow positive property in Washington state (Tacoma area specifically)?My partner and I are looking to house hack and each place that looks to be a good deal gets...