Richard Alvarez
Tax Assessment roll interpretation
When I review a county Tax Assessment roll; and the FULL MARKET VALUE of the property is significantly less than the asking price, should I even entertain the asking price?What is the point of the tax assessment roll;...
Brian H.
Help interpreting P&L statement
Looking at a four-plex as my first multifamily venture. I have the rent roll and expenses for the past three years and have a question about an item in the expenses column. It's entitled "Inv. Fixed Asset" and is one ...
Juan J Garcia
Lease interpretation for "Default"
Hello BP community. I will hopefully soon be leasing a SFH in Texas. I'm preparing a lease agreement and curious to know what number you would put in the section below if, for example, rent is considered late after th...
Daniel Kahler
Legal Help Interpreting Zoning
Well, its very unfortunate that there aren't any posts in this forum. :( maybe I didn't have my filter set correctly.I am looking for someone who can help me understand zoning laws. I am looking at building a glamping...
Margharita Silva
Interpreting Transunion smart move
The tenant is making 2 K on an internship and the parent (guarantor) is not established in the US well enough with his credit/employment/rental history. He has only been in the US since 2021. He has 170K income (state...
Daniel Roose Davis
Late fees interpretation help
Trying to decipher late fee verbiage on a contract that I inherited. If there is 5 day grace period with $50 late fee and 25 every day thereafter, that means that a payment on the 6th has $50 fee, a payment on the 7t...
Joseph M.
Interpret Water Quality Results
I purchased a home with a well that was dug into an old coal mine. Needless to say, while potable, the water quality isn't the greatest.I have a potability and domestic water quality test. I have shared it with multip...
Matt Ten
Help interpret inspection results?
I just received the results from an inspection on a house I closed on (REO). My first flip and I’m trying to interpret these results to make sure I budget correctly. Any initial thoughts and budget numbers you (experi...
Jajuana Williams
Delinquent Tax Roll interpretation
Hello everyone, For those who are targeting tax delinquent homes for wholesale how do you interpret your county list? I've called the county, asked questions. They only compile the list. I was emailed a templet which ...
Kon Zel
Help Interpreting 1031 Rule Changes
Just saw an article on Bloomberg alluding to changes with 1031 exchanges. The gist I'm getting is that the cost basis for the new property will be stepped down to adjust for depreciation on the property that's being ...