Alixon Herrera
can you work with more than one agent at the same time?
20 January 2022 | 11 replies
I routinely call listing agents to get info and will then shape my offer based on this or decide if it's even worth my buyer's agent going to check the property out.
Lang Le
Starting bid price in a Trustee Sale auction
10 November 2014 | 19 replies
The banks routinely set a price they would let the property go for at the auction, which has no relation to the amount owed.
Nick Quarandillo
I hate College, I’m ready for real estate.
26 January 2019 | 137 replies
@Joe Villeneuve I’m going through everyday with the same blank minded routine, there’s no passion for what I’m doing in school but I notice everyday everyone else is doing the same thing, I want to break the cycle there is so much more to life then falling in this trap of college I feel like.
Maria A A.
Calculating Net Proceeds needed to buy replacement property
26 April 2017 | 8 replies
The Net Sale Price is computed by taking the Gross Sale Price of $230,000 and subtracting routine selling expenses such as real estate agent's commission, title fees, escrow closing fees or attorney closing fees, recording fees, documentary transfer taxes, 1031 Exchange fees, etc.
Ty Martin
Forming an LLC before I begin?
12 September 2017 | 31 replies
This is almost always a bad idea because holding a property in a corporation can limit deductible losses (while gaining no additional asset protection).As a CPA I routinely recommend LLC's to my clients who buy real estate (subject to agreement by their attorney).
Ram Srinivasan
Air B&B or similar investing - Canadian Experience
28 January 2018 | 7 replies
Dealing with your guests is a daily routine.
Cheryl Packham
Hire it done or do it yourself
30 April 2015 | 9 replies
(liability in this litigious society where insurance routinely back out of their own coverage is rampant)
Ryan Smith
Professional Management on a Short-Term Rental?
18 January 2018 | 31 replies
In my case, I take care of the communication side of things: sending schedules & changes to the cleaning folks and spa techs, scheduling handymen, service calls, and routine cleaning and maintenance.
Eric Yow
Which option creates the better ROI? And is a cash-out an option?
16 May 2017 | 8 replies
The Net Sale Price is computed by taking your Gross Sale Price (I assume that is your $173,000) and subtracting your routine selling expenses such as real estate agents commission, title insurance charges, escrow or attorney closing fees, documentary transfer taxes, exchange fees, recording fees, etc.In your example, your Net Sale Price would likely be about $165,000.
John Franczyk
Rental Income vs. Operating Expenses: Long-Term Projections
2 October 2017 | 4 replies
I routinely laughed at five-year projections.My question is this: when you use the BP rental calculator, how much stock do you put into the longer-term numbers that the calculator generates?