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22 February 2025 | 0 replies
There are a few more “big ticket” items that need to be considered (Minisplits & landscaping) but most of the major costs have already been accounted for on this property.We currently have a 30 year conventional mortgage with a 7.125% rate on a purchase price of $750k.
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21 February 2025 | 4 replies
An investor bought this in February of '24, and flipped and sold in July of '24.
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25 February 2025 | 4 replies
During inspections bring a few GCs to give you actual line by line item bids.
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8 February 2025 | 2 replies
Is the landlord required to return the full security deposit to tenants ( or partial security deposit with itemized list of what deductions were made) within 21 days?
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25 February 2025 | 4 replies
My plan is to build along the same type of home, but of course with some of my design inputs.I want to get a really solid foundation before any actual building happens and I would truly appreciate any advice that anyone has to offer of some preliminary items I should know and take care of beforehand.
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18 February 2025 | 11 replies
Additionally, wages sent directly to a church are not considered charitable contributions—to qualify for a deduction, the employee must receive the income first, pay taxes on it, and then donate to a qualified 501(c)(3) organization while itemizing deductions.The IRS closely scrutinizes arrangements that appear to shift tax liability, and if deemed an attempt to avoid taxation, both the employer and worker could face serious legal consequences.
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25 February 2025 | 11 replies
[After repeating exactly items #1 through 6 above, give the facts.
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22 February 2025 | 3 replies
When researching comps for ARV consideration I was looking at townhomes that sold individually, but shared a wall with a neighboring townhome, all under the same roof.
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23 February 2025 | 2 replies
In Arlington County, VA, the real estate market has seen notable changes from January 2024 to January 2025:Listings: The number of listings increased by 39, a 19.7% rise, from 198 to 237.Listed Median Price: The listed median price went up by $17,400, showing a 2.25% increase, from $772,500 to $789,900.Units Sold: The number of units sold increased by 2, a 1.59% increase, from 126 to 128.Sold Median Price: The sold median price decreased by $54,250, an 8.38% decrease, from $647,500 to $593,250.Summary: An increase in listings indicates a rise in supply year over year.
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11 February 2025 | 13 replies
If it sold for $120K in 2007 , and your rent is $2000 a month , the landlord is probably cash flowing rather well .