My wife and I are new real estate investors. In less than a year we ended up with three properties. We were planning to move from our home in Austin to an area with acreage lots. We found a sub-division in Hutto t...
Hi All! I have a property that is currently worth $530k and is paid off. It's reached it's peak in value and rental value so I want to take advantage of the market and sell it for top dollar and buy something else. Wh...
Do you carry a Homeowner's Policy, a Landlord Policy, Fire Insurance, or another type of insurance for your rentals? I've heard so many different options I'm not really sure what to ask to be quoted. Also- do you get...
How much is typical price to pay someone to develop land? My uncle has an offer he pays all development fees and then gives the guy who engineers it all 33% gross cut. Is that excessive? he pays the million for all co...
My husband and I are looking to move to a place closer to our kids who live in Los Angeles. We do not want to move to California because life is too expensive over there. We presently live in Florida and own 7 doors o...
Hi BP Team,
I have a question related to my recent bathroom addition & kitchen remodel. I hired a contractor for the project and we spelled out all of the different items that I wanted them to complete. Two of ...
The Truth About No Closing Costs Mortgages
You hear about them on the radio all day long. "We'll do your mortgage with no closing cost!" And you think to yourself, "Hey, that a good deal." Well you know what the wise...
Hi Everyone! I'm just getting started in my real estate career and one area I want to improve on quickly, is rehab estimation costs as well as the added value from it. I am not a contractor by any means and I understa...
American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commissi...
Contractor currently charges % on total spent which gives him no motivation to keep bids low or fight for better deals with subs/suppliers. Wanted to get some ideas on how I can incentivize him to be motivated to get ...