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What if a property doesn't have any exact comparables, but has very similar comparables.
How should I structure my comps? Could I go by square foot ?
For example, If my prospect property is 3/1/1100 for 180k and my...
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FAQ Coming on Like-Kind Exchange Extensions
Posted on Apr. 15, 2020
The IRS is putting together a FAQ that will clarify the recently announced extension of deadlines for completing like-kind exchange transactions.
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Hi All, Going through a cash out refinance for my primary property, I'd like to understand the pros and cons of the different appraisal approaches and how it can impact the appraisal of my property. I did a renovation...
Hi Guys,We did our first deal before I come and read much about REI in BP. I used different calculators, But in a long run is it a good deal or not I'm not sure. The property located in northern suburbs if Atlanta. He...
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I've noticed many three family homes have a fourth apartment in the basement and it's considered "illegal", yet many have tenants.What are the problems with having such apartments and what's the worse case scenario fo...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $135,000
Cash invested: $27,000
This little cutie belonged to a client of mine, I actually helped him buy it. Unfor...
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Hello, Negotiating on a 75 acre parcel that is part of an active farming operation in Virginia. 45 acres of fenced pasture and 20 acres already in hay production, numerous usable outbuildings but no residence. I am lo...
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Hey BP,My crew is in the middle of demo-ing of an apartment building which we are turning into luxury units, and found TONS of bed bugs. There are literally colonies of bed bugs spread throughout the entire place, mos...
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I'll be purchasing a Tiny House for short-term rental income. Due to zoning laws 'wheels' would classify it as an RV whereas a placing it on a foundation could classify the structure as a Single Family Dwelling. Is pl...
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I've got an offer in on a fixer upper that has 3 wall cracks. These cracks are 12-24inches and maybe 1/16th of an inch thick (just through the paint). They are half way up a cathedral ceiling in the great room. The...