Pablo Valencia
Cali VS Texas
5 January 2025 | 11 replies
- prop 13 basically fixes the property tax.
Nick Rutkowski
Sometimes, its easier to work with problem tenants than strong arm them.
26 January 2025 | 30 replies
If I find out where they live next, I'll send them my contractor's bill and a small claims court paperwork.
Nick Connors
Young Professional Looking to Get into Real Estate Investing
4 February 2025 | 10 replies
Property taxes are also insane.
Jake Baker
My BRRRR Horror Story! What could I have done differently?
26 December 2024 | 18 replies
What started as a promising BRRRR ended with us making the tough decision to sell at a loss after an unexpected disaster.The Numbers:Sold for: +$230KPurchase Price: $115KClosing Costs: $3KRehab Costs: $105K ($49K original rehab, $56K additional repairs due to the car crash)Holding Costs: $31K (12 months)Selling Costs: $16KInsurance Claim Recovery: +$25KNet Income: - $16KWhat Happened:This was supposed to be a BRRRR.
Youssef Pullman
Dallas , Houston market insight
9 January 2025 | 2 replies
What I noticed so far is extremely high property taxes.
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
Have also used list source and prop stream before but the data they provide is very similar to what I pull off the tax records through CRS Tax.
Yamil Naf
Seeking Advice: Raising $160K for a Second Short-Term Rental Investment in FL
15 January 2025 | 9 replies
To attract investors, offer incentives like high cash flow potential and tax benefits, and structure the deal with clear legal terms and contingencies to minimize risk.Good luck!
Megan Herrington
CPA Recommendation in ID
2 January 2025 | 6 replies
@Megan HerringtonBigger Pockets is a great place to find a real estate tax accountant.
Shaheen Ahmed
Property taxes on rentals
18 December 2024 | 15 replies
Many banks handling tax escrow accounts for mortgages have mistakenly thought there was one tax due twice/year or totally missed one of the taxes.Investors should research the SEV and the Non-Homestead property tax millage rates to project what the property taxes will be after adjustment.
Zachary Kotiadis
*Using an FHA loan, can I move during the first year?*
17 January 2025 | 9 replies
You’d also make all future capital gains at least partially taxable instead of tax exempt by converting your primary to a rental.