Ryan Melander
Is title insurance worth it?
Hello BP community!I will be closing on a rental property early next month. This is a one owner property that is being sold because owners reside out of state and would like to use the funds for other investments. T...
Jorge Abreu
Closing the Deal - 📃The Checklist: A Roadmap to Success
Closing a deal can be a real rollercoaster ride! So many tasks, so much stress, and complications galore. But fear not, there’s a way to power through - the almighty checklist! It's like having a personal assistant wh...
Walmsley Gedeon
How do you get to the second property after acquiring the first?
After securing my first multi unit under FHA how do I purchase the next property without having the funds to renovate a new acquisition? I'm trying to gauge my steps and I was wondering how do I keep this momentum per...
Namal Burman
when does 1031 exchange make sense?
Couple of question i have regarding 1031 exchange? Hope someone expert in Real Estate can guide me1)Who act like qualified intermediary? is it a real estate agent or escrow company?2)What is the cost for qualified int...
Cam Kopley
Fix and Flip Personal Labor Repairs - Can you claim them for tax?
I found a deal for a fix and flip. I am wanting to do 90% of the work myself to save reno costs. For capital gains taxes, how can I charge my personal time to the cost for renovation?Ex. ARV - $161kReno-$16k (if co...
Account Closed
When is it best to pay a PMI vs taking out a cash-out-refi?
Looking for some advice folks! In short: When is it best to pay a PMI vs taking out a cash-out-refi to meet the 20% downpayment requirement? --Renting such an apt/home would be over $3000/mo in our high colo area. I'm...
Bryce Kennebeck
Real-estate License Questions
Hello everyone, I know that a real-estate license can save you lots of time/money especially on bigger deals and also provide you with a whole slew of things that would be beneficial to learn and understand. My main q...
Kevin Quinn
Advice on An Upside Down Rental
I bought a single family home in Florida in 2005 to use as my primary residence. When I had to move out of state, I converted it into a rental. I currently under water on this mortgage by about $20K.
The rent I am ...
Samantha M.
Finding Home Owners Phone Numbers?
Does anyone have any suggestions for a cost effective way to find the phone numbers of the person who owns a home? We are trying to find a system that is cost effective for calling sellers whos listings have expired....
Max T.
5th investment deal - first flip
Investment Info:
Single-family residence fix & flip investment in Phila.
Purchase price: $102,000
Sale price: $140,000
Small single family home in Port Richmond neighborhood.
What made y...