Jeffrey Tamaye
How much do you get taxed on a house sale
HiMy mother in law wants to sell her Aiea house, and move in with us. She wants to split the money from her house 3 ways; between herself, my wife and brother. How much will taxes eat away from the sale and the spli...
Alex Geesey
Cost of having water metered separately
Hi Everyone!I understand this will be dependent on my area, but I was wondering what you paid to have the water metered separately?Also, who would I reach out to about having the water metered separately?I'm working t...
Justin Goodin
👋 NOI / Cap Rate is Pointless
❌ Stop dividing the NOI by a cap rate to find the value of a deal.
When I come across a potential deal, that's the last thing I do.
It's pointless
→ I want to evaluate how the property is performing NOW
→ Where i...
Ben Vandorn
Flat rate MLS listing service for Durango CO / Farmington NM
I have an FSBO house in Farmington that I'd like to have listed on MLS, any recommendations on local flat rate listing services?
Cynthia Scaife
1031 Tax exchange
Hello BP,I have not done a 1031 Tax Exchange before though I have read about them and may have some info on them. But a client of mine sold his house and the buyer wants him to do a 1031 tax exchange amendment to the ...
Account Closed
I need an attorney in San Antonio to mediate a settlement
Does anyone know an real estate attorney in or near San Antonio that could help mediate a situation. I do not want to go to court or spend a fortune. I simply want someone to help coordinate a settlement/ misunderstan...
Aaron Maynard
11 mobile home deal analysis
Can someone help me decide if this deal is worth going forward with? I have 7 mobile homes rented and have about 2 years experience as a landlord.11 older mobile homes ranging from late 70’s to mid 90’s models.All ren...
Tim Koger
Closing costs on REO properties
Good evening BP. I'm working on a deal analysis for an REO property & was wondering the odds of the bank paying for closing costs, assuming they accept the offer? I read a couple links online that suggested the ba...
Geoffrey Serdar
Seller Carryback Financing, what happens if buyer defaults?
Hello,I am considering doing a seller carry-back on top of a traditional mortgage.Scenario:Buyer purchase property, property may not appraise for total purchase price, seller to carry back that margin.What are traditi...
Jim Ray
Do they make enough to rent
I’m trying to rent my first rental house. So far all the applicants are making around $2400-$2700 (take home pay). The rent is $1500/month. Is this a horrible idea to rent to one of these people?