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2 July 2024 | 3 replies
They should also: 1) Be using the BP Calculators, or some similar type of spreadsheet, to show an investor why a particular property is a good investment, as well as supplying sale & rental comparables to justify what they enter in any Calculator or speadsheet.2) Know how the Property Class affects expected performance of a rental.
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1 July 2024 | 25 replies
If they make one call to city and they are low to moderate income they willbe provided with a free lawyer more than likely and you are going to be slapped with not providing a nonhostile living environment.
2 July 2024 | 2 replies
My wife and I are small-time real estate investors with lower middle class income.
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2 July 2024 | 0 replies
Here are the real numbers on a Househack we are working on for our clientThis is a beautiful turnkey duplex in the NE phila area (B+/A- Class).
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2 July 2024 | 4 replies
For tax planning, I would recommend looking for a firm with EAs or CPAs who specialize in the asset class you are most interested in.
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30 June 2024 | 28 replies
Outside of that property class, things here are super competitive, the same as everywhere else.
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2 July 2024 | 10 replies
Ohio, however is a hybrid state offering tax deeds and certificates (I saw online that only the counties with populations > 200,000 offer the lien certificates).So, my question is: Does any one know of any resources that are more specific than what I've come across...that provide detailed information of specific counties or states (as opposed to just general information, or sales pitches for classes that cost $1000's)?
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1 July 2024 | 1 reply
The market rent puts all three together at approximately $2900 monthly.Now here are the details and costs behind the acquisition:Property taxes: $5000 yearlyInsurance estimate for all three: $3,300 yearlyC-class properties (not best location, their condition is about average - older properties)Purchase price: $250,000k$15k down and $235k seller financed at 6% interest for 30 years. 5-year PPP.
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1 July 2024 | 29 replies
Occupations are not a protected class.
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1 July 2024 | 2 replies
I have been presented with an opportunity to invest in a Class A multifamily syndication in the Old Hickory Lake/Lakewood area of TN.