Hello fellow investors. I had a question. I am selling an investment property and wanted to understand capital gains correctly. When I purchased the property I put down 25% downpayment of my own money + closing costs....
Commercial lender wants to charge 2 points plus $2795 app fee on a fixed 5.75% 30yr.I have a 750 fico total cost is $330 loan is 280k. I thought this was a hot deal just wondering if you guys are getting better deals ...
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...
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...