Darrell B.
How much has your cashflow increased over time?
I'm curious as to how cashflow has increased from time of owning a property. Let's say after the 5 year mark or 10 year mark. I know rental percentages increase differently for different markets and there's a national...
Vanessa Blais
Loan Mod, Pre-Foreclosure, Probate and Possible TItle Issues
Her'es the skinny: Step-mother and Step-Daughter bought the house, and got the mortgage together. A few years ago, set-daughter's name was removed from the deed, but remained on the mortgage.Step-mother had a few loan...
Adam Schellhammer
Insurance and Taxes in Seller Financing deals
Hi BP Community,I am currently analyzing my first seller financing deal on a duplex. It's an estate sale and the owner is willing to carry the note for 2 years. The monthly payments are what I need them to be to cas...
Nathan Gesner
Do you deviate from your process?
Applicant views a house we just listed. He's very interested and has "cash in hand" to move in today. I know this guy personally because he applied to rent from me a couple years ago. He had a good application but dec...
Melanie Johnston
Metro Phoenix Market Summary 1/3/23: Small Signs of Improvement
We are lucky in Metro Phoenix to have a real estate data resource that slices and dices our MLS data daily to give us a real-time analysis of what's happening in the resale market. This resource is the Cromford Report...
Jarred DeArmas
interest on seller financing
Hey guys, So I am trying to figure out seller financing and interest rates, and I'm having trouble with the interest part. I am not trying to figure out at what rate one should charge or pay interest, but more along t...
Dmitri K.
Insurance company would not agree to an estimate - anything i can do?
So i had some roof damage and opened a claim with my insurance. I asked my contractor to give me an estimate and submitted that to the insurance. I trust this guy's work and would really prefer to have this done by hi...
Marc Freislinger
Deed restrictions
I found this in the MLS listing of a property I was checking out today.
Cash transactions are subject to special deed restrictions. The Grantee(s), or purchaser(s), of the Property may not re-sell, record an addition...
Michael Plaks
EXPLAINED: IRS audits - debunking common myths
Myth 1. IRS audits are very common / IRA audits are so rare that you can forget about them
The latter was true during the recent Covid years. We recently had an under 1% audit rate. However, two things are good to re...
Maneesh Joshi
creating LLC for rental properties
Hello, I live in New York and I am looking to start buying rental properties in the Philly area. I am fairly new to all of this and I am trying to wrap my head around what the advantage/disadvantages of creating and...