Belinda Lopez
Is it better to list at a lower price? or to include a repair credit?
I have an investment property I'm about to list on the local MLS for a retail sale. It needs about $10k in repairs, $4k for foundation work, $4k for a new roof and misc cosmetic items. I do not want to do any repair...
Adam Williams
Can I go above the max LTV on a loan to include the loan fees?
I know this is a silly question, but I can't seem to find the answer. When getting a conventional loan, is it possible to go above the max LTV to include the closing costs?Example: The property is valued at $200k and ...
Brandon Turner
Don't you hate it when you buy a new house and find THIS...? [Photos Included}
So, I closed on unit #43 today, the same property I've been documenting over the past 3 weeks on the BiggerPockets Webinar Workshop (which, you should all be attending. This week is gonna be AMAZING. Sign up here.)An...
Taylor Shapiro
J Scott says he pays 25-35% for labor. Does that include the GC's share?
First of all, I want to thank BiggerPockets and J Scott for teaming up and creating 2 fantastic books on flipping properties. I highly recommend people check them out if they haven't already. I'm just starting "Th...
Ruth Ann Morris
When filing a tax return where do you include expenses for searching for new investment?
I sold a duplex in Florida in December with the idea of turning the profit into two new rental places in Sioux Falls before the end of the year. It didn't happen. I now have expenses from the search (inspection fees...
Troy Fisher
What's the strangest thing you've been asked to include in the sale of a house?
There are people who will gimmick a house sale, put a car in the driveway and offer it as part of the deal. And then there is the really strange:http://www.independent.co.uk/video/?videoid=383821...Have you ever done...
Jingyuan Yang
Can my out of State rental loss be included in my residency state tax return?
I have a rental property in Oregon and I am a part-year resident in CA. The rental property generates a loss after depreciation, mortgage interest expense, etc. My question is can this loss be allocated to my CA sourc...
Matthew Morrow
Can the sale of a property in Puerto Rico be included in 1031 (US / Pennsylvania)
We have clients who will be selling some real estate in Puerto Rico, and they would like to reinvest the profits into a property in specifically Pennsylvania. will they be able to participate in a 1031 or similar pro...
Account Closed
Any ideas what mold remediation on this 1,200 SF unfinished basement would cost? (Pics included)
So, this vacant 2 story 2,480 SF house built in 2008, located in a nice subdivision looks real nice but has a bunch of mold in the full unfinished basement.
I don't know what happened but the basement floor w...
Quintin Mortensen
My first buy and hold in Utah and its a condo! $400 cash flow! (pics included!)
I moved into a condo in Salt Lake City, Utah in 2012. I didn't know anything about investing, all I knew is that I wanted to buy the cheapest place I would be happy living in so I could rent it out when I eventually m...