
11 April 2018 | 32 replies
Comparing Opendoor to a Traditional Sale with a Realtor $400,000 Home via OpendoorHome Value: $400,000Sales Price: $375,000Charge 12%: $45,000Commissions 7%: $26,250Total Costs via Opendoor: $71,250Net Proceeds to Owner: $303,750$400,000 Home via a RealtorHome Value: $400,000Sales Price: $400,000Traditional Closing Costs 3%: $12,000Commissions 6%: $24,000Total Costs via a Realtor: $36,000Net Proceeds to Owner: $364,000In this Example Selling with a Realtor will save you $60,250!!!

6 December 2016 | 4 replies
However, before being able to proceed with the closing, it came to our attention that the seller had some title problems (obviously, 100% not the fault of buyers/investors).

17 December 2016 | 7 replies
Hey @Patrick Desjardins,I forwarded this question on to our Florida Foreclosure attorney, and this was her response: The plaintiff should get the proceeds from a failed bid, after the clerk gets paid its fees.

9 February 2017 | 1 reply
She currently wants to get rid of it because she lives in a different state and managing it has become hard because her tenants seem unmanageable...no problem if we buy it, we will kick them out as they are on month to months.Some questions I had is how do I proceed.

9 March 2017 | 3 replies
You can also use contingencies on the sale of your old property to allow you time to find a replacement and structure long escrow periods before closings.The IRS requires that in order to full defer all tax you must use all of the proceeds from the sale and purchase at least as much as you sell.

15 March 2017 | 72 replies
There might be a creative and ethical way to approach the situation, perhaps there might be e value add that you could do for the property and let your tenant help with the choice of what they would like i.e. a new fridge or new paint (let them pick colors) and let them know that you will be increasing the rent. it might backfire if they tell you they would rather not change anything but if they do then you can raise rents cover the cost of a minor renovation in a couple months and proceed forward from that point with a higher rent and happy tenants and you will have the added benefit if you do something that with increase your property value like new flooring for a small room.

18 March 2017 | 17 replies
They sell expensive houses and can basically live off their house proceeds alone.
27 May 2017 | 3 replies
In addition to that here are some links that you can explore to start getting a feel of what kind of free/public information resources are out there that you can use.Here is a link to the Oklahoma County sheriff's sales which the link to the list of properties for sale.https://www.oklahomacounty.org/sheriff/sheriffsales/ There are lots of steps to foreclosure proceedings (...sheriff's sale, file motion to confirm, notice of hearing, then at the hearing their is an order confirming sale, and ultimately a sheriff's deed is issued).

20 June 2017 | 13 replies
Does anyone have advice on how to proceed from this point?

12 August 2016 | 4 replies
I am not familiar with the 1031 process, all the other plans sound solid.The idea of the 1031 is to roll all sales proceeds from the property I sell into a larger (more expensive) property right?