John Fish
Parking 1031 proceeds
Hi- I’m currentlyIn process of 1031 exchange but can’t find a property to invest in. I’m lookin for something stable and simple NOT a rehab project. Any suggestions welcomed!
Peter Paxos
Laundry Room Proceeds
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...
Bruce Ng
Squatters - eviction proceedings
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...
Shaun Caldwell
No Special proceedings number?
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...
Ryan Hall
Proceeding post Hurricane Michael
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....
Mike Rodriguez
calculating net proceed-question
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...
Kristen Heger
Net proceeds calculation method
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,...
Heather C.
Should we even proceed?
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....
Aaron Borrego
Post Foreclosure Auction Proceeds
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...
Vince Beusan
How would you proceed?
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-...