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15 January 2025 | 6 replies
There may be something called a "Due On Sale" clause.Check and see if all tax parcels are included in one mortgage or if they have separate mortgages.You have to have him spell out what he considers to be a "partial seller financing".
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6 January 2025 | 5 replies
We have a wide range of investors and RE professionals join us.
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7 January 2025 | 1 reply
I learned how to maintain a home, work with real estate professionals, contractors, interview prospects, etc.
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15 January 2025 | 6 replies
I've spent aproximatly 61.5K on expenses over the years, Interest, Property Tax, Isurance, HOA and various repairs and upgrades.
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18 January 2025 | 12 replies
- The percentage difference is the percentage the taxes will go up after you buy it.What do you mean by the property has HVAC AND boilers?
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18 January 2025 | 6 replies
I would also share pros and cons of paying taxes on the windfall versus owner carry.
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23 January 2025 | 6 replies
Some thoughts to consider:If you sell now, you are unlikely to pay capital gains taxes as your first 250k (500k if married and filling jointly) aren't reported.Doing your first rental remotely is undesirable without 1.)
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29 January 2025 | 23 replies
Another downside is you loose on the advantages, of the Federal Tax Code, by not closing in the name of a LLC (you can elect to have a LLC taxed, as a S Corporation which is a whole other conversation).If you want to close in the name of a LLC, Mortgage Lenders will offer you Commercial Loan Terms (25-30% down, a 15-25 year amortization, and a ballon due in 5-7 years).
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10 January 2025 | 2 replies
You can run one-off searches for phone numbers and email addresses, and they often have promos for new users.Spokeo for Professionals: While not specifically real estate-focused, it’s a reliable option for finding contact info for individual property owners, especially for one-off searches.Forewarn: This is great for verifying contact details and gives a bit more intel on leads.
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15 January 2025 | 15 replies
U have what we call in the wild a professional Tenant..