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As we already know when you buy and sell property in Philadelphia, there is a transfer tax you have to pay that comes out to about 4.2% of the purchase price of the property. https://beta.phila.gov/services/payments-a...
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I was having a conversation the other day with a good friend of mine who is in the development and asset management world about a property I'm interested in purchasing. The property is currently 100% occupied with se...
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Hi BP, How do you guys typically go about expenses on a SFH? Do you have a general rule, or advertise relative to what the market is offering? I have yet to purchase a property, but think it would be smartest to pass ...
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An immediate offer and someone to buy their house now.
So with this in mind I have been contemplating a new marketing plan.
I want to market something to the effect of "Get an offer on your house in 10 minutes." T...
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I just purchased 2 houses in Texas. They were with a property management company that I did not want to keep. So on June 2, I emailed them that I was changing property management companies but to please mail me any ...
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As a flipper, do you sell FSBO or use a seller's real estate agent? Does a good seller's agent raise the realistic selling price by the 3% it costs to hire them?I'm assuming you expect to pay the buyer's agent's 3%, o...
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My spouse and I are debating whether to invest in a rental property(s) or pay down mortgage. Maybe do a little of both? I’m all for buying rental property, which my spouse is as well but he’s wondering if the current ...
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I am perpetually frustrated with the appraisal process. It's the same each time: A sign a purchase contract for an apt building and my lender pre-approves me. They get bids for an appraisal and select the one with ...
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Please don't laugh, but I think I earned my Big gal landlady pants today:) This particular lease states rent is due on the first and late on the 3rd. Late fee is $50 and $25 for each late day there after. . I had t...
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First off, I apologize if this has been discussed in another thread but I couldn't find anything that addresses my particular situation.I am seeking advice about how to report the profits from a flip with a partner. ...