My sister and I just received an email that the calculation of real estate taxes on the sale, completed this past September, of the house our father left to us, was done incorrectly and we have to settle it with the...
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So here is an interesting newbie deal to analyze. It seems that as I run the numbers the first one seems to be the toughest.
So I have a small savings and raided the 401k because I want to start an REI busine...
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Good morning BP! I was hoping to get everyone's input this morning on an "issue" that I'm having. I thought this would make a great discussion because I'm sure everyone has ran into this as well. I've been looking at ...
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Two Disclaimers: 1. Before everyone comments there is more to underwriting than projecting exit cap rate and it varies by market, know that I already know that, and this post is regarding a general concept and a quest...
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So I sold a flip and will be making just under 40k. I am supposed to close in less than 2 weeks and I got a call today that the buyers lender wants to see "documentation" on what was spent on the rehab. The home...
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Hi BP! My wife and I are about to start the inspection process on a SFR about a half mile from the quickly developing downtown Gilbert area outside of Phoenix. The house sits on one of the many artificial lakes here i...
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Earlier I was reading and interesting article today. Basically explaining how HUD is sitting on over 240,000 REO's and does not know what to do with them since conventional lending will not loan to distressed housing....
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Hey BP community! I run a wholesale team that sources and assigns 4-5 deals a month here in Virginia Beach. I just locked up a 3/1.5 1350 sqft townhome yesterday that is in GREAT condition. No work necessary. No updat...
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They want to limit rent increases to 5% plus inflation, up to a max of 10% a year.Any thoughts on this?https://www.ocregister.com/2019/09/10/state-senate-advances-statewide-caps-on-rent-hikes/
It's interesting seeing the Guru so negative sounding towards central banking, 401s etc.... This was on the front page of yahoo finance.
http://finance.yahoo.com/expert/article/richricher/184720