Vanessa Haw
First Turnkey Purchase with Old Furnace
Hi, I am in the process of buying my first turnkey investment in Kansas City. The issue I am having is that the inspection shows a 15year old furnace. Obviously it is nearing end of life. I will be asking them if they...
Adam Summers
Complex Closing on Foreclosure
I recently won an auction on a popular foreclosure auction website. The house that I won sits on two lots. The majority of the house is on the primary lot but the attached garage and part of the basement extend into...
David Ivy
March 2020 Austin Market Report
The COVID-19 pandemic and local shelter-in-place orders had little effect on March 2020 home sales in the Austin metro area. According to the Austin Board of REALTORS (ABoR), Austin's median residential sales price ro...
Eddie Ziv
Contract expires. What would you do.
I was suppose to close on that deal July 10. I'm buying a REO SFR all cash deal. The original contract called for June 24 to close. Then the seller asked to make it July 10. I agreed, signed the contract and put $1,00...
Karen Lin
Help! First time reviewing a Multi-Family deal
Hello BP Family!I'm looking at a deal in Baldwin Park, CA for a 26 unit multi-family home. This is my first time reviewing a deal and was hoping someone can help me with some of my questions. 1. On the marketing sheet...
Jason Valchine
negotiated 52 unit in January,.. should the sale price change?
Negotiated 52 unit in January,.. should the sale price change? assume down and by how much? owner seems unwilling to budge and emotionally attached to price.
Julio Gonzalez
A Deeper Dive into Section 179D Energy Policy Act
The 179D Energy Policy Act gives taxpayers a deduction for installing energy efficient assets such as the building envelope, HVAC and lighting. It is for apartment buildings greater than 4 stories and newly constructe...
Tyler Davis
Housing Price Index Peak
What’s everyone’s thoughts on the crazy run and seaming spike we have in the housing price index? Are we going to have a financial meltdown similar to 2008?
Eric Fernwood
20 Housing Markets Cooling the Fastest
I recently read an article listing 20 markets that are cooling the fastest. I can’t comment on the other markets mentioned, but I know Las Vegas.
Below is the data I believe they referenced from Redfin for Las Vegas....
Account Closed
Using land contracts
Good afternoon. I wanted to know if anyone has used land contracts to sell properties. And if Pennsylvania allows the use of land contracts. I was looking at a gentleman name Ron Legrand on YouTube and he seems to swe...