Hello BP members,I am trying to buy a property from a seller who is not local and is based in China. They have sent me a "Sellers Affadavit of Non Foreign Status" form that says they are exempt from FIRPTA for federal...

Hello BP members,I am trying to buy a property from a seller who is not local and is based in China. They (through their agent) have sent me a "Sellers Affadavit of Non Foreign Status" form that says they are exempt f...

@Alexander Lang, Is the extra $123 a month going to make a huge impact?

If it is not impacting the structure ( Cracked drywall, Cracked Flooring, Windows cracked and not closing , Doors not closing )Is the Lag Bolt just holding up the ledger board for the deck?

I just met with a great Commercial RE agent which will now help me on my "first" offer & probable purchase -> seeking a 21 units apt complex here in San Antonio.My next team member will be a financial advisor to guide me with Financing, Taxes and 401K usage impact (withdraw & penalties).I'm shooting for a possible purchase in the summer timeframe !

Texas you want to really run your numbers .. tax's there are very high and impact cash flow if your not careful along with what is usually a foundation repair or two or three during the course of owning the property. many times wiping out 1 to 3 years of cash flow per event. 

And HERE is my MAIN question:We haven't seen any of the pro forma or actual return numbers on the unit yet, and I'm wondering if they will really (or should really) have an impact on our decision.  

Bill Gulley has just provided you with some great information.Check with your Broker and you will find most won't allow it because of exposure, liability, and the impact that will have on the Brokerage's E&O insurance.

I think its going to have a negative impact as I am having alot of small businesses looking for new office space due to their rent hike

Hi,I use two techniques to financially evaluate notes:1. Through the RATE() function in Excel, without considering the costs relating to the note2. Through an Excel sheet that i built that takes into account servicer ...