I have been working on an FHA Wells Fargo short sale. Aprox. 130k owed, BPO came in at 55k which I thought would be perfect assuming I could get it at 88% of the appraisal. I have made three offers 42,46, & 50k....

I've never done a 1031 personally. Would absolutely get someone qualified involved. That said, I have a client with a condo she bought for $100k and is now selling for $190k. In order to comply with 1031 rules, does s...

Is the "gross revenue" $708.10 or $541.26 for this booking?Is it what the guest pays? Or what the host receives?And is cleaning fee part of revenue?What is the industry standard for underwriting?

I'm just starting and I have a friend that will loan me money. I asked him how much he charges and he told me what ever is fair, I'm suppose to pick it. What is a fair percentage? All the loans will be short ter...

Greetings all;

2013 was my first year as a landlord. I hired a PM who managed my SFH in WI for 8 months before I fired him for negligence. that's another story. His accountant (?) sent me a 1099 listing o...

Has anyone ever used NetworthIQ before or posted their information on the site? It is interesting to look through the data.

Here is the site:

NetworthIQ

I especially like the "Age Range" feature and seeing the di...

When calculating cap rates, i understand in the article below, ali boone advises us to NOT add the mortgage payment. If this is true, wouldn't the cap rate be 4.5% vs 9.7%?

358 x 12 = 4296 / 94500 = 4.5% (m...

Hello BP community,I want to take advantage of the equity i've built in a couple of my properties (one is a rental and fully paid off. The other is personal residence and is 70% paid off) and use it as a downpayment o...

Hi BP,I sold my property in CA for 755k and bought a property in Houston for 400k. Now, after months of trying I could not find another property to buy. So now I have a boot of 355k because I didn’t find anything else...

This question similar to one I asked before but are any of you investors that own houses under $300K making at least $500 Net?   I got a response where some people are saying they make $150 after all expenses and that...