Marc Scoleri
5 Properties to Sell - I want one...
Hi BP Group,I just started working with a client who responded to a direct mail champaign that was sent to find multifamily properties off market. She has 5 investment properties to sell in the Naples FL area and one ...
Collin Hays
STR owners pay sales tax on VRBO's service charge?
We are currently in a sales tax audit with the state of TN. The auditor is stating that it is my responsibility, as STR owner, to pay tax on the service fee that VRBO charges guests. How could that be possible? Thi...
Madison Sobol
Seeking local Lenders
Hi, we are closing soon on our first home.. yay! We have been working with a lender that is a family friend but they are encouraging us to shop around for lenders and search for better rates.- Any recommendations on l...
Christine Garnier
Broker Not Responding - Birmingham AL
I own a commercial land lot in Birmingham AL and I signed it over to a broker so he can list it and sell it. After signing the contract, the broker ignored all correspondences and a month and a half later, I see that...
Brandt Fanion
Owner declares bankruptcy in 6 days. Can I still purchase house?
I'm looking at a property in Nashville, TN that's owned by an out of state owner. The owner has suffered from medical issues and is now declaring bankruptcy. The bank will be foreclosing on the house in 6 days. Is the...
Suvir B.
Should I offer Private Money?
Hi! I am new to real estate investing, and am looking for guidance and learning as I tread carefully into this promising area. Having worked in a corporate job for the past 15 years, I have about $100K+ saved up, and ...
Joseph Godio
Refinance Appraisal - Whose Appraisal?
When refinancing, do banks typically require their own appraiser performs the appraisal or am I able to hire my own appraiser and use that appraisal to support the refinance loan? Will investors obtain multiple appra...
Joe Trinsey
Analyzing a HUD Listing
I got a new MLS listing passed on to me by my agent. There's some things I recognize and some things I don't. I thought it might be informative to parse out some listing information. I'd imagine some people might have...
Marc Shin
Should I finish the basement in a Duplex to increase STR Cashflow?
I found a duplex that is a 1/1 on each side. The basements on both sides are unfinished. I can finish both basements and turn both sides into a 2/2, and that would increase the STR cashflow by $700 per side. But i...
Account Closed
Short Sale Flipper
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $194,025
The Sellers foreclosed mid-transaction and even had to lawyer up to get their lender to look at the Short Sal...