Takiyah Riley
Investment property..before primary residence?
Hello everyone, I'm new to BP as well as real estate. I need a bit of guidance please, what are your thoughts on purchasing an investment property before purchasing your primary residence?
Stacey Anderson
Forecasting Fee's included on a Cash Purchase....
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...
Kenny Owoseje
Help with running numbers
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...
Braedon Kenney
Seeking Brokerage Recommendations for a New Real Estate Agent in Central Arkansas
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...
Wade G.
Owner Finance Question
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...
Sarah Albert
Tax implications for seller finance (inherited property)?
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...
Account Closed
First year property tax on new construction home as a buyer
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...
Duncan M.
Rental Calc: 'Profit if Sold' Discrepancy
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...
Sheri Ayoub
Selling half of a property that is owned by 2 SDIRA LLC's
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...
Trevor S Foster
Water lien shows up on title search..what happens?
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...