We are planning to sell our property to a long-time tenant of many years and are looking for some assistance with the selling process. Because we’re pretty comfortable with this tenant, we would prefer to not use an a...

Hi -If I'm running numbers for a cash purchase, what costs do I need to factor in for "closing."  Is there a closing even if there is no bank?I would assume title search, owners title insurance, any home inspection, a...

Hi fellow BPs! I'm seeking advice from the astute masses on buying vacation properties. I've been a civilian employee within the armed forces for 5 years within the Midwest. Although a lovely area, I've been reluctant...

what should i consider as an expense while doing a deal?

I have a 3 family deal under contract.The buyer, who is a seasoned investor, wants to purchase the property with Bank Financing.Based on my understanding, in order for us to close, the bank will pay the seller $XXX,XX...

I literally clossed and refinanced a property a week ago. However, I have a potential cash buyer I am considering selling to.Can anyone help me figure out what cost I have associated with closing?It is a 3 family prop...

I was discussing buying a house vs. a condo as a rental with someone the other day. I was saying that a condo wasn’t a good option because the HOA really cuts into cash flow. They asked if I couldn’t deduct HOA fees...

So my girlfriend and I bought a house back in 2020 right when the Covid shut downs began. We were able to secure an FHA loan for 162,000. The house was on the market for 149,900, after negotiations we were able to pur...

I've been researching PM fees in all the different markets I'm looking in. The general PM fee is 10%, which I factor into my monthly fees. However, its apparent that all PM companies also charge a tenant placement fee...

I'm assigning my contract. The county assessed value is 80,000 dollars. It's a 3 bed 2 bath. It is currently being rented for 700 dollars/month. The tenant has been there for 15 months and doesn't plan to leave. There...