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Results (1795)
Miles Stanley Does replacing electrical/rewiring improve home value?
23 January 2020 | 33 replies

Any thoughts?
My electrician is recommending that we rewire the entire house bc the existing wiring is copper but does not have a ground (built in 1968). We plan to BRRRR this one. He says it would improve home res...

Patrick Connell Are Slumlords really that bad...
27 September 2015 | 42 replies

I was driving into the office today and had this thought.....are slumlords really that bad? Hear me out and then you decide.

I think it's safe to assume that most of the folks on BP would consider themselves ...

Mike Franco WTF service dog? Is this the new trend to get around No Pets?
19 July 2019 | 61 replies

Today I got 2 inquiries from prospective renters with service dogs. One is a chihuahua, and the other inquirer's dog is a puppy, and not even certified yet. It still has 26 weeks of training left before being certifie...

Bill B. OK.....now what???
22 December 2014 | 14 replies

I've partnered with my mentor to purchase my first NPN.  The purchase is now complete.   It is a first position note.  I'm very satisfied that the purchase price of the note is around 40% of the current fair market va...

John Thao Private Money Lenders
26 October 2023 | 18 replies

How do you validate PML?

Paul Cordero Can a seller deny offers financed by certain banks?
30 March 2013 | 34 replies

I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...

Jim Goebel Kids College Savings - 529 vs Coverdale vs Roth IRA
1 November 2019 | 27 replies

Hi everyone, We've been thinking through the best way to save for kids college.  We have two kids and have been maxing out our state's 529 plan.  Quinn is a 3 year old boy and has about $18,000 in a 529 account alread...

Burt L. Is It Dangerous For a Wholesaler to Have a Realtor's License if Working Directly With Sellers?
22 July 2012 | 28 replies

I've seen a few different views on this and it remains unclear for me, so I offer my apologies in advance if its repetitive.

The brokerage I spoke with about wholesaling said its alright as a realtor if doing REO's ...

Jonathan V. My first flip, detailed adventure
7 June 2011 | 40 replies

Last week I put under contract a real fixer upper. 140 year old all cypress framed ~1250 sq ft. 3/1.

I have it under contract for $16,500. Comparables in the area are selling in the $80-90,000 range, average listin...

Jerry Kisasonak Transfer taxes on contract assignments?
18 August 2019 | 32 replies

I recently had someone tell me that you have to pay transfer taxes when you assign a contract. Is this true?

I've done contract assignments and have never paid any transfer tax. In my mind, there is no transfer of o...