All Forum Posts by: Ben M.

Great stuff thank you

I ask because the properties I’ve been analyzing seem to require low ball offers for me to cash flow from them. This is great info thank you

Since we are taxed on our income from rental properties, how does one usually prepare for this? Let's say if the tenant is paying $1200/month how much of that would be taxed and how does one budget for that? Do other tax advantages make up for it?

I am curious to know how low anyone has offered on a property? Like what was the listing price and how much did you offer?

Thanks Fred! Didn’t realize that was a so so area. Yes  I would have to offer much less than 121k to make this one work

I am learning to analyze deals and was curious if anyone would consider the property at 13510 Chimney Sweep Dr.

It appears to be in a good area: low crime, good schools, not considered as a flood zone.

It is a 2 bed but at 1044 sq ft there could be some potential for an extra room thus increasing rental income?

I realize it is difficult to find a deal in the mls so it is possible I am missing something big here. It shows as a none flood zone but I wonder if hurricane harvey flooded this home...

Fred, great info! Thanks!

Hi Huy, thanks for the feedback. I just checked and I do not see any property tax info. For example for the address 18207 Misty Jade Ln, Cypress, TX 77429... Zillow shows the tax is arounf $4000 but hctax.net shows it as around $1000...

Is anyone in the Houston harris  county area?

I don't think I'm finding the annual property tax amount at hctax.net. For example with 18207 Misty Jade Ln, Cypress, TX 77429, when I  check hctax.net it seems to say the yearly tax is around $1000 but zillow and other websites shows the tax as around $4000...

Per Brandon's book "The Book on Investing in Real Estate with No (and low) money down" it says that prices for sold homes can be found in the county's public records. Trying to find this for properties in Houston but not having any luck. Is anyone able to find this info on their own counties?