Account Closed
do you guys 'use' your 10 year home warranty?
I bought a new construction in 2006 and it comes with a 10 year warranty. As the time is coming up, Im' wondering what to do with it.What do you guys usually do? Do you just call over someone to take a look at it and...
Eric Fugitt
Homeowners Insurance adjustment
FYI to everybody! I met with my insurance agent the other day, and he reminded me that since the value of each of my properties has risen substantially the past few years, my coverage for substantial property damage i...
Vlad Selsky
Who pays for various insurance related fees?
Our HOA suffered a fire couple years ago and 4 of the 12 units went through repairs. These 4 units are owned by 2 owners.
Insurance payout did not sufficiently cover all the costs and I'm in the process of calculatin...
Jenny L.
HELOC alternative for LLCs?
Thanks in advance for your insight. Here's our rehab and resell situation:Elderly parent currently owns the property OUTRIGHT. Three adult children have taken control of it. Our company would enter into an equity part...
Jim Cummings
Texas Economic & Jobs Data
Texas Still Outpacing U.S. In Job CreationCOLLEGE STATION (Real Estate Center) – The Texas economy continues to outpace the U.S. economy in job creation.According to the Real Estate Center’s latest Monthly Review of t...
Rogers Smith
Any builders have experience with metal studs?
I'm being courted by a steel manufacturer who specializes in metal framing for residential construction. They cut according to plans and ship in joined sections. It sounds intriguing for a few reasons:No termites. Thi...
Zack Eastwood
How do I find out the market cap rate in a submarket?
How do you evaluate the cap rate of a market? How do you adjust the market cap rate based upon the asset class?
For example:
The market cap of the Orlando MSA according to the National Association of Realtors is 4.5...
Walt Payne
Price reduction strategy - help please
I have a $399K home for sale. Several agents have told me that it is a good price, but because it has an in-law suite it is going to be the right house for just a limited number of people. I would like to get a chu...
Rich McCormack
Tax implications for selling an investment property for a loss
Hi BP,I bought a townhouse as my primary residence in 2006. Moved out in 2011 and converted it to a rental unit which I recently sold in 2015. My question is about how to treat the loss for tax purposes. I have a CPA ...
Alex Chitwood
Ballooning Economy, Predictions
Hello everyone!
Newbie here
I have been in construction for about 6 years now. I am 24 and ambitious to learn.
I'm not sure how it is in other states but In colorado new construction is BOOMING, and doesn't look l...