The Net Sale Price is computed by taking your Gross Sale Price (I assume that is your $173,000) and subtracting your routine selling expenses such as real estate agents commission, title insurance charges, escrow or attorney closing fees, documentary transfer taxes, exchange fees, recording fees, etc.In your example, your Net Sale Price would likely be about $165,000.

I routinely laughed at five-year projections.My question is this: when you use the BP rental calculator, how much stock do you put into the longer-term numbers that the calculator generates?

But you must be able to quote the new law and prove this unpaid bill was the tenant's and not the owners.Even though the city is no longer ALLOWED to do it, they still routinely try and will lie straight into your face until you produce the law.

ill say this.....it took me 14 months to get my first wholesale deal......and everyone was in my ear saying "youre not doing something right..." etc........but in that 14 months it was a self development thing for me......i began to read books.....i didnt read a book for leisure until i was 31...........i developed an early morning routine.....i developed discipline.....now im probably the most disciplined person that i know......I get up everyday at 430 am....i meditate....i pray....i have an affirmation journal and a gratitude journal......i fast for 48 hours weekly.....i take cold showers.....i work out.....i do yoga.....etc.......i say all that to say this......its all a mindset thing......keep pushing!!!

@Austin Payne - I am a longtime Oklahoma landlord and we do routinely advise tenants that there is only so much a unit can do.  

the key is at Langer we had deal flow .. you got a payoff there was something to go into literally next day.Our routine was to look at loans in the field in the morning then Jack would work the phone in the afternoon replacing payoffs.. when you got to his level it was a simple how you doing I have a Caster loan for you.. hows the kids and what not Boom done.. it was quite the education for me..

When we went to open a bathroom floor for routine maintenance, we found the whole floor was being held up by 2X4's and the rest of the floor was rotted away, and people had just moved out.  

Lane KawaokaIf you are selling for $450,000, then your net sale prices, which is the amount of replacement property that you must acquire (reinvest) in order to defer all of your taxes is $450,000 less any routine selling expenses such as brokers commission, title insurance costs, escrow or attorney settlement/closing costs, recording fees, 1031 Exchange fee, etc. 

What documents do you routinely provide to property owners?

The Net Sale Price is calculated by taking the Gross Sale Price and subtracting ONLY your routine selling expenses such as broker's commission, escrow fees, closing attorney fees, title insurance fees for sellers/owners policies, recording fees, exchange fees, etc.