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21 February 2024 | 2 replies
My wife wasn't involved in the loan or title, it was just me.
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21 February 2024 | 6 replies
This method involves purchasing properties that need work, rehabilitating them to add value, and then refinancing based on the improved value to fund additional investments.
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23 February 2024 | 21 replies
I just recently signed up for my BP Pro account and I'm excited about becoming more active in the BP community.
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22 February 2024 | 5 replies
Yes, even though mine have names for accounting and titling purposes I'll usually use addresses to a point.
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22 February 2024 | 11 replies
I would get a plumber to plumb a washer box (rough plumbing involved).
21 February 2024 | 51 replies
I would hold the screener vendor accountable for such.
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22 February 2024 | 6 replies
I questioned that part of it and all she said back was well we would like you to be involved in running your team and doing an Introduction to the seller, which still doesn’t seem right.
22 February 2024 | 2 replies
This might involve a legal action affecting ownership or liens.Given these possibilities, the most common interpretation in the context of property transactions might relate to recording or representation rather than a specific type of transaction like a Quit Claim Deed.To determine if there are liens on the vacant lot you've won, consider the following steps:Title Search: Conduct a comprehensive title search through a title company or a real estate attorney.
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22 February 2024 | 9 replies
Here are some details: Top bottom duplex Purchase price 440kTurnkeyDownpayment - 55k Both units vacant2/1 upstairs - $1500 market rent (long term)3/2 downstairs - $2500 market rent (long term)Newly renovated Central ACSeparate electric meter 1 water meterInterest only payment for 5 years - $2567/monthTax - $500/month (appox)Insurance - $150/month (approx) Cash flow - $391 (after taking into account vacancy, property management, maintenance and capex reserve)ROI - 8.5%No prepayment penalty If used as Airbnb, ROI can be higher
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22 February 2024 | 4 replies
My accountant said I cannot depreciate unless I make a profit.