Hy BP People, I'm working on estimating ARV for my first flip. And, I'm going back through J. Scott's book, and he outlines how to do this. I have 2 appraisals that were done on 2 different duplexes (one I bought, one...
Hi all! I'm about to close on my first rental property (yay!) - a quadplex in the DFW area with all units rented below the market rent (about 20% below). How would you go about raising the rent - Would you wait for a ...
To me, the most important tax worksheet is the Qualified Dividends and Capital Gain Tax Worksheet on Page 36 of the 1040 Instructions.
Line 9 of the worksheet says: "This amount is taxed at 0%" What is line 9? It's (...
Hi, all!
I own a duplex (purchased 2017) that I rent out both sides of (at market rates) and refinanced in 2021 for a great rate of ~3%. In 2022, my total mortgage went up by about $400/month due to escrow adjustmen...
Hey BP fam, I am doing my first flip in NY and would love if you could share a SOW sheet that you have used. Thank you sooooo much
My friend has a water loss and damages in a rental property.
The adjustor came and had estimate already.
No injury.
But the insurance company finding all different excuses to delay my friend’s claim payment for ...
Hi, I'm trying to figure out what to expect in terms of closing costs as a percentage of purchase price for cash purchases on homes priced under $30,000.I know I'll save on credit report fees, loan origination, and ti...
In a 5/1 ARM loan can the bank agree to a higher fixed interest rate for a 30 years mortgage when the 5/1 ARM loan is setup or do you have to wait after 5th year and then you will need to refinance into 30 year fixed ...
Hi Folks,
Fixed Rate Mortgages in California
Fifteen-year mortgage rates averaged to 6.13%
Thirty -year mortgage rates averaged to 6.43%
Adjustable Rate Mortgages in California
Adjustable rate mortgages averag...