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I recently had someone tell me that you have to pay transfer taxes when you assign a contract. Is this true?
I've done contract assignments and have never paid any transfer tax. In my mind, there is no transfer of o...
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I recently acquired an 11 unit building on the edge of a "C" area that is next to a "B" area. My property manager has been in real estate in this city for 50 years and he is even the previous owner of the building I j...
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So, I purchased my first "flip" in June for $62k, did 33k in renovations, and now renovations are done. My broker thinks comps would come in around 145-160k. I recently decided to rent it instead of selling it, as ren...
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This applies to C class neighborhoods. Having just been through an eviction and a non paying tenant for 6 months, should I rent without a lease? In Philadelphia the process was long and a lease didn’t seem to serve me...
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Hello BP community!I was unable to find a good 1-800 number for analysis paralysis, so I figured this would be a great place to start. Thank you for building such an amazing place with a treasure trove of information,...
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Good afternoon, all.I hope that you are each having an enjoyable weekend. Please forgive me if this ends up being a rant but have any of you had any dealings with the Doug Clark Real Estate Training? I attended a fre...
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So I found this brick 4-plex in Raleigh today. It is about 5 or 6 minutes away from a major university (NC State) and also a couple of minutes away from downtown. Judging from the photos of the interior it seems to b...
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Hello,I'm looking for some input on how to resolve issues I found during a rental inspection yesterday.I performed an inspection of a house that has been rented for 6 months. Lease is 1 year term. The tenants are a wo...
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Hi,Summary :Our Loma Linda home listing has been active for since June 21 with no offer yet.House is in decent shape overall but is rough around the edges ,Front lawn dead. Previous tenant did not maintain well. I ...
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Hey BP community,I am looking intently on doing some buy & hold out of state investing and trying to come up with a good strategy. Some of the options and pros / cons i have been evaluating are listed below:1) Tu...