All Forum Posts by: Account Closed

Hello 

Do a 1031 exchange after you sell, into another property to avoid gains tax, take these lessons learned and move forward. depends how much one can rent for, HOA is kind of high along with other expenses im sure .

Do we have to be members to join 

Are you working with a real estate agent, if he is any good he should  refer someone he knows or his agency knows 

Hello, 

The maintenance fee seems very high, and the rent seems too low. You are paying out of pocket, I would sell as soon as you can. A 1031 exchange into a similar condo, with much lower HOA fees, I am assuming this is in Miami, perhaps north Miami you can look into, but find a good agent which I am sure you already have.

How many properties do you have? do you live close by the sfh? 

The main thing I have learned is, especially in the beginning, invest in areas where there are lots of jobs/factories etc.. blue collar work.  So when the economy does go down, there will still be renters, and you can adjust accordingly the rent but you will NOT BE VACANT which is landlords worst nightmare. 

Yesenia is the home under pre foreclosure? 

Hello Ron 

Investment property in Florida i purchased Dec 2018 directly with Chase bank got me a 5.85%interest rate 

Hello everyone 

 Who is supposed to pay the property taxes when an investment home is purchased?  I would come to believe that I am responsible for the taxes AFTER closing and nothing before. If the buyer ended up paying the whole years worth, whose fault was it that this happened and not clearly explained.  Thank You 

i mean the PM company