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Hi BP family.......
I'm looking at a 5-unit property in upstate New York.
The seller claims they are getting $3,600 annual income from the coin-op laundry.
Does this seems reasonable?
How can I verify the claim...
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We bought from them last year in poinciana. We spoke to Warner once, seemed nice but once you sign his job is done and you won’t get to connect with him again. Support staff are overwhelmed. I think we may have paid a...
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Hi, Does anyone have any idea how much legal fees approximate for evictions in Los Angeles?Just trying to figure a loose budget for these sorts of things. And/or know of any firms that provide this sort of service?Tha...
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Foreclosure proceedings have began against a property. No SP# and subsequently no file available to view at the courthouse. Clerk says they do not have anything on the case. Any idea how something like this could happ...
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As I was about to close on a first position heloc that would provide the 3.5% down for an owner occupied 5 plex, Hurricane Michael hit the rental property.
My hurricane deductible is 12,500. I have 15-20k in damages....
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Hi All! I have a quick question. Lets say I bought my building for $300,000 and want to sell for $600,000. My gain is obviously $300,000. However, to calculate my net gain, do I minus my down payment and closing costs...
Hi, when selling a home with a partner and there’s a profit is the right way to calculate how much each partner receives is to use the ROI calculation?
Partner 1 total expenses $30,000 + Partner 2 total expenses $45,...
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Here’s the deal we are looking at:House last sold for $122,000 in 2008, asking price is $69,100.
There are 2 potential problems with the house:
1.There is a small spot of mold in the master bedroom closet....
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I have a question for the forum. This would be the first time question to post - and reader of many posts, I'm a student of RE for the past nearly (2) yrs.The strategy is to wholesale a property and target to net $5-...
Thanks in advance for the help!Here is my situation: Purchased redemption rights & quitclaim deed from the owner of property coming up for auction. The property is worth more than what is currently owed. If the au...