If a FHA Appraisal comes in low on a purchase and escrow is cancelled due to appraisal contingency, can the seller go with another FHA buyer and get a new FHA appraisal and hope it will come in at what they feel is th...
I was looking for a post on this topic but couldn't find one. I was informed recently by a real estate CPA that in order to depreciate (as a tax write-off) with turnkey properties that you need to demonstrate material...
Does anyone know much about US Marshall auctions? We just had a property in my community go to this type of auction and sell for $0.40 on the dollar. No one knew about the auction, and only one person showed up to bid...
Hi all,
I’m hoping to get some advice from those more experienced in real estate and property management. I have only owned a home in Texas for 1,5 years, and my family and I may be relocating to another state...
I have 2 properties that are beside each other in an area that is undergoing substantial development. We have been contacted by a developer who has our properties under contract. His plan is to demolish both and put i...
Wishing everyone a more productive and prosperous 2021.
The year 2020 came with a lot of challenges that nobody prepared for but we survived them.
What areas are you looking to do better in your investment journey o...
I'm very curious what the delinquency rate will be for April rent. What percentage of tenants won't pay? 15%, 25%, 40% or what?To get a handle on this I'm sharing some data we normally wouldn't, in the interest of tra...
I've been soaking in BP for a couple of months, now it's time to reach out. So, hi.Backstory: bought my first property in Nashville, TN but was yearning for the west coast and my newlywed bride gave me thirteen years ...
Hey, Everyone!Im relocating out of state and Im trying to get a financially realistic idea if I should rent my house out or sell it. I dont know how the homeowner to landlord "business" aspects play out and im really ...
Hi BP Community!
As a first time real estate investor, I am currently sitting on some equity on a townhome I purchased in May of 2020 and looking to invest in a second property using that equity as a down payment. M...