Christopher Kelly
How do you determine the selling price of a performing note?
What would be a fair value for this note? Original loan amount $106,000, 15 years, 8% interest. Perfect payment history of 31 payments since originated 6/30/13. 3000 square foot home/business located on highway 395 in...
Jeff Groudan
Seller of 3-unit apt says he "used up" the security deposit
Hi - we are working to finalize a contract to buy a 3 unit apartment and the contract clearly says that security deposits transfer from seller to buyer. No question here. I know the security deposit really belongs ...
TK Agrawal
Commercial property with about 12% cap, am i missing something?
Hello All,
I am a new investor getting started in REI.
A commercial property is in front of me in texas that offers about 12% cap rate. I live in California. The property is leased for next 5 years. At that cap rat...
Deyu Wang
Does fixing the foundation raise the ARV?
I always hear about how cosmetic upgrades and adding bedrooms/bathrooms raise the ARV, but I also hear that some items do not raise the ARV.For homes that were purchased with poor components such as a distressed pilla...
Brent Wickersham
Contract for Deed vs Deed of Trust
Looking to possibly sell a rental house to its current tenant using seller financing in MS. My initial thought was to do a contract for deed. My understanding is that foreclosure would be easier and less expensive i...
Courtney Debetaz
Title Insurance Claim Questions
Hello, Has anyone had to make a title insurance claim for an "Incomplete Title"? I recently went to sell my townhouse and a couple days before closing I was informed that I had an incomplete title. I bought a townhous...
Parker T.
Tax Tradeoffs to RE in sheltered account
All,
Correct me if I'm wrong, but if a property is completely owned inside a tax advantaged account (SD IRA or 401k) then we are unable to take full advantage of tax benefits to real estate investors, correct...
Jon A.
New from San Diego County
Wow, I didn't realize that I've been lurking for nearly 4 months. BP has been a great source of info so far. Thank you to all that selflessly help others here.
My wife and I, mostly my wife, will soon be taking o...
Steven Silva
OMG! Closed, but NOT!? Will Title Insurance Cover Holding Costs?
Have you heard of this? and what can I do? I closed on a house last week, but didn't really close.I closed on a fix-n-flip in Denver, Colorado (Commerce City to be exact) on Wednesday last week, but title called me th...
Joon Hui Yoon
the best location for duplex/triplex/quadplex investing?
Hi all,I am going to start investing in rental properties from this fall/winter 2023.I have a full-time job and will keep it so my strategy will be as passive as possible, such as buy-and-hold.with 7.5% mortgage and m...