
13 September 2024 | 12 replies
In review, I found that they have basically made zero dollars after paying out all expenses AND debit expenses.

13 September 2024 | 1 reply
pid=2114Houston Real Estate Highlights in August, 2024:• Single-family home sales declined 8.3 percent year-over-year• Days on Market (DOM) for single-family homes went from 43 to 47 days• Total property sales were down 11.2 percent with 8,730 units sold• Total dollar volume declined 8.8 percent to $3.5 billion• The single-family median price was down 0.3 percent to $336,940• The single-family average price rose 0.9 percent to $421,912• Single-family home months of inventory registered a 4.5-months supply, up from 3.2 months last August• Townhome/condominium sales continued to decline, falling 16.7 percent, with the median price statistically flat at $226,000 and the average price declined 1.2 percent to $258,952.

18 September 2024 | 67 replies
I had them managing my duplex for a little over a year I am so frustrated that I told them they won't be collecting another dollar of rent!

14 September 2024 | 19 replies
Replacing a toilet can be relatively cheap but wasting water via a leaky toilet can add up to thousands of dollars in costs.

12 September 2024 | 5 replies
I have use the calculator on Bigger Pockets but it only allow for dollars instead of % to calculate.

15 September 2024 | 38 replies
As a result (at least in my area) most appraisers rush this process and give something like 112% value for remodel- which is utterly ludicrous, as our remodels are enormously leveraged and should give closer to 300% value.And with these ARV based DSCR programs, you need a high ARV dollar amount, or else they further drop your LTV.

12 September 2024 | 27 replies
Of the cases pending in Lee County, there is an active case, whereby the Plaintiff is alleging approximately 5 million dollars against Blacktip, and one alleging $150,000.There may be more cases, judgments, or settlement agreements that we are unaware of.

14 September 2024 | 11 replies
If there are excess funds after paying the local/school real estate tax bill, the remainder can go to:Current real estate taxesCurrent Muncipal liens for water/sewer or any other bill initiated by the municipalityState Liens, usually for outstanding state taxes, sometimes employee/employer taxesPA State Inheritance Tax which applies to all deceased owners and starts at dollar one with no exemptions, unlike the Federal Estate Tax.
14 September 2024 | 10 replies
For example, if the rent was 1000, and your total prin/int/taxes/insurance/HOA payment for that property was 800, you would only have to carry 50 dollars a month with the rest of your income.

13 September 2024 | 9 replies
But when they arise, they often cost several thousand dollars or more, hence the budgeted holdbacks.