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18 April 2024 | 2 replies
What are the important things to look out for in a property like this?
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19 April 2024 | 4 replies
Will appraise over our rock bottom selling price of $500k but buyer is "making the case " that he only will qualify for $490k, DP included.
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19 April 2024 | 3 replies
Hi Heather, Your lending options can vary greatly depending on what type of property you are looking at. 1-4 units, 5-10, and beyond will have different types of lenders and more importantly different loan options. 1-4 you will have the options of FHA/local banks/conventional.
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20 April 2024 | 9 replies
This includes factors like price range, preferred locations, and any other preferences you have.
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20 April 2024 | 10 replies
Answer - There are a multitude of platforms (BP included) that has active cash buyers looking for deals every day all day.
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19 April 2024 | 3 replies
This encompasses eleven authorized activities within the real estate sector, including development, construction, leasing, and brokerage.750 Hours Test: In addition to meeting the 50% test, individuals seeking Real Estate Professional Status (REPS) must surpass 750 personal service hours materially engaged in one of the specified real property trades or businesses.Understanding Material Participation:Material Participation: Only hours deemed material to the operation of a real estate business are counted towards qualification.
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16 April 2024 | 4 replies
I know how important a real estate specific accountant is especially as I start out, but after a couple years of working with a professional and if no significant changes have taken place and I only have 1 investment property, could I not do the taxes myself?
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19 April 2024 | 9 replies
-The conventional rehab loan requires a general contractor to give one quote, with all of the subcontractors included.
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19 April 2024 | 4 replies
The local economy is supported by several diverse sectors including healthcare, manufacturing, and retail, which sustains employment levels and underpins rental demand.
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18 April 2024 | 4 replies
Most of this was done by our property manager (Neighborhood Property Management), but they have a good website (Housing Choice Vouchers), including a specific section for interested landlords.