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10 March 2024 | 0 replies
These yields were once seen in the low- to mid-3% range before the Federal Reserve's rate hiking campaign began in 2022.
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12 March 2024 | 21 replies
Telling them its arm's length, if it isn't, is a federal crime.
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10 March 2024 | 9 replies
More details:Mortgage (principal + interest): $2930/moProperty taxes: $15K/yearHome insurance: ~$1K/yrCost of home ownership/month: $4280/yr (not counting for any tax deductions related to the interest and property tax)If I account for $20K of interest and $10K of property taxes as an income deduction, then I can reduce the cost by ($30K x 35%) divided by 12 = $875 per month = $3400/mo cost of owning the houseRental income after 35% federal income tax + 9.3% state income tax = $2618/month (!!)
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11 March 2024 | 32 replies
An unrecorded "lien" is not a lien regardless of what someone in the government tells you.I suggested a few posts ago that the bill (not lien) in question may have been so old that is was off the radar of everyone involved with this property for years.
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11 March 2024 | 27 replies
You can check on this with the governing fire department for the property.
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9 March 2024 | 2 replies
Government report statistics - population growth, crime rates, ethnicity mix2.
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9 March 2024 | 10 replies
There are even grants the government gives to improve/rebuild these homes.
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9 March 2024 | 0 replies
I want to make sure I'm acting in accordance with the local government's legislation, but I'm having trouble making sense of all of the information I'm finding on https://www.roanokeva.gov/.How do investors usually navigate legislation requirements when starting renting in a new city?
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9 March 2024 | 4 replies
I am in the process of exploring financing options for my first deal and I came across the idea of government down payment assistance grants.From what I read, these grants can be used to cover the down payment on a low money down loan such as FHA loan, which I was planning to utilize anyway since I will be an owner-occupant.Has anyone used this in the past?
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9 March 2024 | 10 replies
There is money out there federal or state, county, etc.