Samuel Liapis
What criteria for deals from Agents
Hello All!I am starting my BRRRR Strategy journey. I am wondering what criteria you have your agents send you when looking at deals.Purchase PriceCompsRental compsI am looking at out of state so I guess the more info ...
Jessie Brown
FHA Loan and Owner Occupancy
I'm a Real Estate Broker here in North Carolina. I have a Real Estate client who purchased a home as an Owner Occupant using FHA financing. My client couldn't speak English and had to use an interpreter to close the...
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Investment Property: Duplex and monthly mortgage payments
I have a client who we have recently preapproved and is looking to purchase a duplex for an investment and some cash flow to come in.
I did the rental surveys on a couple properties and compared it to the monthly pay...
Andrew Major
Due Diligence and Real Estate Ethics
So I have a New York State (Jefferson County) house with agreed upon price between my agent and the sellers. However the other agent is dragging her feet on getting us the purchase contract returned with signatures. S...
Helen Zhang
1031 exchanges with auctions
Hi BP community, I am in the process of selling a property and would like to know if 1031 exchange would work for auctions. I can't seem to see why it wouldn't work with auctions, but I would like to know if it would ...
Jesse Phouangphet
House Hack in Kansas City: Needing a Rockstar Agent & Lender
Hi All,My name is Jesse, I am relatively new here to the community.This will be my first post. I live in the Kansas City Metro Area (North KC) I recently bought my first live and flip last year in this crazy market. I...
Millie Pendola
Cost Segregation Study & 1031 Exchanges
Hey all! Just got a question from a client that I would love input on, as I am not a Tax Professional. Question: Is it beneficial to do a Cost Seg on a property if he plans on doing a 1031 on the same property later t...
Alan Asriants
Appraised value and market value off by over 100k - why location is important
Absolutely, numbers and figures are important when analyzing real estate, but actually seeing the property is crucial. It's why people always say that the most important thing in real estate is location, location, loc...
Timothy Douglas
Virtual Real Estate Agent
Hey Guys! I'm a college student right now and graduating in May. When I move, I will be coming to Texas to be a Real Estate Agent. I decided to get my license early and will have it before May comes. How should I go a...
Account Closed
Understanding A Mortgage Appraisal
Understanding a Mortgage Appraisal - Part 1
The first thing to understand is appraisals are not all the same or equal. In fact, each appraisal is unique to the needs of the specific client.
Mortgage Appraisals are...