Bette Hochberger
Navigating the 1031 Exchange Process
1031 exchanges are a powerful tool for real estate investors. Here's a brief overview of how they work:1. Like-Kind Property: The property you acquire must be similar to the one you sell.2. Timing Rules: You have 45 d...
Ana Garcia
Need advice on purchase of a multifamily
Hi Everyone!We are analyzing a multi of 13 units which needs a LOT of repairs. Pretty much everything on the inside (walls, floors, ceilings, appliances, etc.) needs to be renovated. And, of course, the tenants, need ...
Matthew Irish-Jones
How We Assess Value
Decided to put this out here for anyone interested. There are always tons of people asking me about numbers, returns, cash on cash, CAP rates and what neighborhoods are best to invest relative to WNY. We work with a...
DuJuan Paxton
Looking for good advice on purchasing Tax Deeds
Hello BP!Question: I am considering purchasing 5 Tax Deeds as a package deal from another investor. These properties are all vacant lots in very desirable areas in Fulton and DeKalb Counties in Georgia. Since I've ...
Joe Ehren
Direct mail for pre foreclosure
Hi all,
When marketing for pre foreclosure property's do you wait sometime since the lis pendens is filed or asap?
(I send out to about 200 newly lis pendens with no response)
Thanks in advance
Kevin Smith
closing cost
Hello guys,would anybody happen to know what closing cost would be on 28k cash deal. I'm wholesaling a property to my end buyer who was curious on how much the cost would be. Thanks in advance.
Abby Attal
My tenants want a extra person to move into my house?
So I got an email today, with my tenant asking me how does it work if they get another person to live with them? Do I raise the rent or do I let them move this person in? Any suggestions will help.
Mark Nickelson
Can a spouse quit claim a property right before selling?
Hello BP Nation! I am working on a deal where the husband and wife owner/sellers are separated but not divorced, the wife says her husband is on board and will sign the papers but won't let me speak with him which has...
Brett Mannix
Mortgage lien removal not recorded
Trying to help my mother with an unreleased mortgage lien on her home in Maryland. Long story short, the property is now 100% paid off but the county failed to record the payoff. My mom recently applied for a new HE...
Brian M.
Deed Restrictions and Transfer Date
I have a 2 part question on deed restrictions. Here is the language in the BOA/HAFA short sale addendum (paraphrased):
No transfers for 30 calendar days. No selling for a gross sales price greater than 120%...