I'm originally from Nebraska (Omaha/Lincoln) where most rentals still pencil out, so I have been looking there.

It’s always good advice for someone doing a 1031 to actually have their replacement property under contract when they sell the original property, but few actually do this.

I originally looked into QuickBooks but it seemed very expensive for everything I would need it for.

I am originally from there and manage on in Ventnor and have had some issues getting a straight answer on what I should even be charging for tourist tax. 

Some of the original framing remained but that was it.

If I add up all the lender fees and my holding costs—like points, origination fees, and interest —I can figure out how much profit I’ll make and what my maximum offer should be.

For example, in my state PA there is an inheritance tax and many TAX auction properties originate from people passing away and the heir(s) not taking control over the estate and paying those property taxes.

Originally posted by @Samuel Dunlap:Hello BP Community,Unless I am mistaken, Maricopa County (Phoenix, AZ) does not post their probate court records online, unless you can provide specific names or case numbers.

@Michael Palmer As a general rule of thumb bank originated construction debt will be WSJ Prime +1 point with a floor, 1 point origination and 75-80% LTC while meeting certain LTV thresholds (normally 70-75%).

2 years later in Nov 2024, i am checking in to see everyone's opinion to the question on the original post. - What do you think will be theNext gentrifying neighborhoods in and around Chicago?