Brandon Espino
1st Fix and Flip in the books. Hard lessons...
Investment Info:
Single-family residence fix & flip investment in Colorado Springs.
Purchase price: $285,000
Cash invested: $5,000
Sale price: $445,000
UPDATE: old it $450000... The GC that o...
Andrew S.
Establishing fair market value for tax purposes
I'm considering selling a property to a family member below current market value. For the purpose of determining potential capital gains/losses, I need to establish a fair market value that will hold up to IRS standa...
Joseph Wells
Property Manager says Quickbooks is holding funds
Hi All,My property manager has recently started using Quickbooks. He is allowing tenants to pay online, but for those payments, the funds have been held by Quickbooks. Is this a common occurrence? The property manager...
Hardy Vibert
How to Update Property Photos on Zillow and MLS After Remodeling?
I recently remodeled my property in Las Vegas, and I’d like to update the photos on the online listings to reflect the renovations. I’ve reached out to Zillow and some third-party listing services, and they informed m...
Dawon Irvin
Exploring the ABCs of Real Estate A Dictionary of Real Estate Terms
This post serves as a detailed reference point—a compendium of real estate knowledge that delves into the fundamental aspects of this dynamic field.
1031 Exchange: A tax-deferred exchange allowing the sale of one pro...
Brandon Weiler
Long term tenants and property inspections
I have a property that I self-manage. It has been rented since 2016 to the same tenant.Other than a couple times the tenant has called about heating issues, I don’t really have a system in place to keep tabs on both ...
Saaj Patel
Residential lease commission question
Hey all, Can an agent take a commission for a lease that they secure for themselves or an LLC that they own?
Steven Bond
Local place in Downtown to have meetups
We are in the process of renovating the historic (built in 1900) Taylor Brothers furniture building for housing RE/MAX Equity, FIG (Fourplex Investment Group), First Colony Mortgage, and Provo Land & Title along w...
Herly C.
Partnership Deal With Realtor
Hello BP Members,Need your help on this topic.I've done deals before by myself, but never partnered on anything. A potential deal(flip) split 50/50, but the realtor will be listing the house. I understand it is a prof...
Carlos Altamirano
Property Management
Hello members and friends. I am looking for a reputable property management company that focuses or servicing 40-100 unit apartment complexes in Indianapolis. Looking for a third party company or a professional on sit...