As we already know when you buy and sell property in Philadelphia, there is a transfer tax you have to pay that comes out to about 4.2% of the purchase price of the property. https://beta.phila.gov/services/payments-a...
I live in Tampa, which is a red hot market for buy and hold investors buying foreclosures for cheap and then renting them out. The problem is that because of this dynamic, finding comps to calculate ARV for flips has...
I have a 5 year lease option on a home with little or no equity. My option price will be the balance of the mortgage at the time I option the home. I have the ability to sublet and sell my option. My question is...
Hi,I am new to real estate investing and need some advice. I have been driving around and taking notes of houses that are vacant/distressed. One house I found, I looked up the owner information and it was an elderly...
I am a new investor looking to get into the RE market. I am having a hard time finding properties where the numbers make sense. I am qualified for $250k for an investment property. I have found a few nice homes but th...
Have you heard of the expression "stupid money"? It is when a herd of investors or speculators seem to be overpaying for an asset.In my market in Cincinnati and I guess almost everywhere in the country, "stupid money"...
Hi Guys,
I have been buying and attending auctions for a while,
there is a property i am doing my dd on that has a 2nd mortgage foreclosing on it, with 1st still current.
I haven't attempted to buy a 2nd lien pos...
Hey BP! not having much luck getting responses in the forums, but I'll keep trying. I have been thinking about the worse case or "nightmare" tenant situation. This of course involving extensive amounts of purposeful d...
Ready to take on that first or next fix and flip? Before you roll up your sleeves and start swinging that hammer, there's something crucial you need to know: the hidden costs that can quietly sabotage your renovati...
Is there a meetup for those interested in the Montgomery or Bucks county area? If not, is there anyone out there that would be interested in getting one started? Please reply if your in the area and would be willing...