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December 2020, I officially closed my first investment real estate deal with my partners.
My wife and I were fortunate enough to reach financial freedom just one year after making our first ever real estate investment. Here is a quick background story on our success and some tips and tricks I feel that... I had a prospective tenant look at an apartment last week. They asked to see the lease so I emailed them a copy of the lease.
The individual next emailed me over the weekend and asked if... Do you include a standard rent increase in your lease or do you play it by ear every year? We are 2 months from start to the bank ordering an appraisal, which will noww take another 4-6 weeks.
So I know that the Los Angeles area is notorious for being "impossible" to cashflow. SOLD provides a much-needed look at how successful real estate agents build their business, close deals, and generate... Looking for attorney to discuss options pertaining to loan servicing company, FAY SERVICING. Properties in question are located in Illinois (if that matters).
FAY SERVICING has deliberately made errors with respect... I am not sure if this is the right place to ask this. Four years ago today I was wandering through life thinking I had made it. I was working a corporate 9-5 job, good pay and would use my 10 days of PTO for the amazing 1 week getaways.
New roof, siding, balcony, both kitchens and both bathrooms. I always tell investors to spend their time educating,... The role of the Appraiser is an odd one: Way too much online loans for people with bad credit art (opinions) and way too little science (data-analytics), with way, way, way too little accountability.
While the world embraces tech tools to automate workflows... On January 15th my tenant with a (double lung transplant) decided to smoke in bed leading to burning my entire 4 unit building making it uninhabitable. I have insurance payday loans up to 5000 and have secured a public adjuster. I have pre-approval for financing up the asking price but I would rather leave some cash for renovation. I have another property under contract for 65k, (I plan to live here and pay cash). We are desperately trying to refinance our primary to cash out some equity. We have been stalled for months because of the appraisers. We had two appraisals done and neither came through with any comps for our unique... Nothing changed since being approved and going through the entire loan process,... We bought our first property near Cincinnati, OH a little over a year ago, a duplex for 140k.
I did what I felt was thorough due diligence on it, and observed that despite selling for 100k in 2000, 115k in 2005 and... I have an investment property that currently does not have any mortgage. Hey guys and gals,I am helping my parents find a house and we have found one with a real estate agent from the area. So, I was going over the offer we would like to make with her this morning and she told me "Cash"... I have a 2 bedroom cabin in the mountains that has a great open living space with fireplace.
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I drive to the house and see they are still occupying. Said tenant has asked to have the storage door locks changed because he noticed another door is keyed the same.... Hello Everyone,I am a new real estate investor and recently closed on a three family property that I plan to house hack. I have one of the tenants moving out March 1st and I am moving in right after. I have a duplex and the tenant has a broken faucet. The sprayed handle is detached from the hose - I want to deduct it from the security deposit, but how do I know this is not considered normal wear and tear? I am buying my first office building (12 Units) and I wanted to see if I can get a little insight into management systems used by other investors.
I would really like to have a good system or systems in place to do the... My current one was recommended by my real estate agent. Seemed to be a good one until they started to work for me....
Any context on the type of market would be helpful too.
For example, in one area payday loans nc I have a 3-Family priced at... I own a triplex in Ohio and all three tenants are friends and each other keep creating some or another issue each month which is going crazy.
One tenant never pays on time and she says before paying rent some or...
I have a 9 unit multi family rental property in lower Queen Anne, close to Space Needle. The ACH payment was rejected due to non-sufficient funds. Four days later, the tenant made another ACH payment. Memphis, TN, seems very appealing for a remote rental investment territory.... Which has been gutted (no cabinets, counters, sinks, appliances, etc. Hey, I am getting ready to close on my first duplex this upcoming month. How would I go about raising the rent amount closer to... SOLD provides a much-needed look at how successful real estate agents build their business, close deals, and generate... I have 7 single homes should I keep buying singles or jump to multi family??
I think what grant Cardone said make sense and payday loans nc payday loans nc I should focus on apartment buildings Hey team, so this is a super personal post. I grew up in a family that had 2 - 4plexes and 3 triplexes.
I grew up online payday lender collecting rents with my dad, and working on the houses and mowing the... Which investment is more profitable and reasonable for investors in Las Vegas? Also any thoughts on buying an payday loans nc investment property with an HOA fees? SOLD provides a much-needed look at how successful real estate agents build their business, close deals, and generate... I am 22 years old, a recent college graduate, and I live with my parents free from the big expenses of rent and groceries. I want to get started in real estate by house-hacking.
Total of 5 doors now in the last 3 years and we both have full time jobs. I thought it was a great question and I think it merits a... I wanted to know if anyone is aware of any virtual zoom meetups occurring for the Henderson and Las Vegas areas?
Hi, Im looking to move some money from stocks over to real estate.
I have been reading up as much as I can but havent started building a team yet. Anyway, theres a house Im interested in buying with cash thats had... This is even more obvious as the eviction moratorium stretches to almost a year now. So, many people have been raving about this new social media platform called Clubhouse. The whole idea is that one can utilize this platform to raise equity for real estate deals. My husband and I are thinking of house hacking one of the last non-renovated homes in a very affluent neighborhood. It is going for just under 200K and will likely need another 200K to bring it to its full glory and...
I am looking to join a flipping mastermind group and am interested in hearing your experiences with them. Current plan is get fast cash now to use Facebook, Instagram, and LinkedIn.... Hello Again Everyone,I am still slowly saving money for my out of state (OOS) investment property. In the meantime my gears have been grinding on how I can speed up this process, short of, selling some (cough, cough)...
Looking for advice to scale a large rental portfolio. Looking for ideas on how I should start to build an 100 unit rental portfolio that will consist 100k in passive income per month. I have been flipping houses and picking up rentals full time for the last three years. I usually purchase from wholesalers and occasionally from the MLS. SOLD long term personal loan provides a much-needed look at how successful real estate agents build their business, close deals, and generate... Id like to know more on the benefits and downfalls. I am an aspiring real estate wholesaler and I need tips and access to the MLS!! Hi everyone :)I have been doing some research on investing in out of state properties.
However, after reading and factoring all the hassles and risks of investing long distances and knowing that there are investments... Hello everyone, I am new to real estate investing and me and my father are looking to start our real estate journey. We want to bad credit guaranteed payday loans nc loans begin flipping houses and also buying rental homes. I have an investment property in Union City on the market... Hello All,Extremely new member with interests in starting an investment career in MA. Currently a Loan Originator but want to produce a portfolio for long term income. MA seems to be potentially difficult due to high... SOLD provides a much-needed look at how successful real estate agents build their business, close deals, and generate... Hello BP family - my husband and I are looking for some advice on whether we should buy our own home in Southern California (specifically Orange County) or whether we keep paying rent and invest out of state to build...
Ive been an agent for almost 2 years now along with working at my w2 for 2 years. I am just about to get my real estate license in MD. I currently have a full-time job and looking to start part time while I grow and potentially come full-time in 1-2 years. I have seen the various incentives and programs for solar but have been overwhelmed with the various companies, programs, and options.
Hello BiggerPockets community, microlending websites we have been accepting payments from tenants using Zelle, Venmo and Paypal. Zelle and Venmo requires tenants to have an American bank account. Hello people of bp, i am in the sf bay area and in the process of purchasing my first home. Through the pre approval i come to find out i am about 30k short in available funds in my account , and cant deposit the... In an ideal world, our properties would snowball from there. I have no history in real estate besides learning some of the business from my parents. Stayed tuned to BP and never give up on your dream Welcome Jennifer. My husband moves a lot for his job and the last place we were was New Jersey. I aim to read 100 pages a week just to keep learning! I have a couple of properties in the Clayton County area and if you and your husband need help or have questions about that area feel free to reach out to simple interest loan me. Actionable advice for getting started,Discover the 10 Most Lucrative Real Estate Niches,Learn how to get started with or without money,Explore Real-Life Strategies for Building Wealth,And a LOT more.
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Introducing How to Sell Your Home, the latest title from BiggerPockets Publishing. The stakes are a LOT higher, since a single mistake can cost you thousands of dollars and months of stress!
It can actually be an enjoyable (and profitable) experience when you are armed with the knowledge of the process. I sat down and wrote out everything I know about selling a house. I have pages of practical, real-world advice to help get your house sold for top dollar. The Ins-and-Outs of Selling Investment Properties with Dave Meyer and me, Mindy Jensen. Selling an investment property comes with its own set of tips and tricks to help you maximize your profits and minimize your expenses. I am not planning to sell anything soon, but will pick up a copy for reading enjoyment. Yes, I am that nerdy guy that reads real estate books for fun.
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