I have an opportunity on an investment property, all cash purchase. I am trying to itemize closing costs/fees in addition to Realtor commission and wondering most effective ways to project the costs.Scenario:Purchasi...
Hi,Semi-novice investor here...I wanted to ask if there was anyone in here that leverages the BRRRR method and would be willing to sort of walk me through how to run the numbers on potential properties using the BRRRR...
Hello, BP Family!!
I am excited to announce that I have my real estate licensing exam scheduled for this coming Thursday. As I prepare to start a new chapter in my professional journey in the heart of beautiful Ark...
In 2012 I sold a house by way of owner financing with a seven year balloon. The buyers are now refinancing with a bank and paying me off. The title company wants to know the payoff amount which is easy enough to see...
Hi everyone,My husband and I found a property that we want to make an offer on. The original owner passed away unexpectedly ~1 year ago and their children inherited the property. There’s no mortgage and it has been on...
I'm interested in buying a new construction home in West Plaza area in Kansas City. Expected closing in May 2023. Seller won't credit me the pro-rated portion (from Jan - Apr) of tax based the sale price. Will I b...
Has anyone else noticed a discrepancy in the 'Profit if Sold' portion of the rental calculator depending on if you decide to rehab the house vs not?I know the Profit if Sold formula to be:Profit if Sold = ARV in curre...
My mother and brother went together and jointly bought a property using a SDIRA LLC each. My brother now wants to sell his half, how does that work? Would my mother's portion be affected or are their tax implication...
The title search came back from the title company with a water lien on the property. Will this stop us from closing?Will the title company make the payment for the water bill from the owner's portion? I believe this i...
Hi,My neighbor is, unfortunately, getting too old to maintain his property, and has decided to move 5 miles away to a new house that requires less maintenance (no trees on the new property). Here is what I know about ...