Abdul Aziz Tambadou
High Property Taxes in Detroit 48228 - Seeking Veteran Investor Advice
11 November 2024 | 4 replies
Many banks handling tax escrow accounts for mortgages have mistakenly thought there was one tax due twice/year or totally missed one of the taxes.Investors should research the SEV and the Non-Homestead property tax millage rates to project what the property taxes will be after adjustment.
Terry Owens
Temporary Housing Directory
11 November 2024 | 5 replies
I went through the initial 2 months having to fix even the most minor of issues that other tenants would normally be very adjusting.
John Davey
Tax Loss AGI +150k
13 November 2024 | 8 replies
If your adjusted gross income (AGI) exceeds $150K and you are not classified as a real estate professional, passive losses from rental properties cannot be used to offset your earned income.
H. Jack Miller
What is everyone seeing in Bank Financing for Commercial/Investment Real estate
10 November 2024 | 5 replies
Many are adjusting their draw funding guidelines on the fly.
Leon Lee
MTR vs. STR
13 November 2024 | 8 replies
You are mention the higher costs for MTR-- I would adjust the cleaning fee and add incidental insurance like Waivo to cover those costs.
Erol Shashaty
Real estate friendly bank
14 November 2024 | 22 replies
Higher down payments, adjustable rates, but it would allow you to leverage instead of paying all cash.
Russell R Massey
Tax Lien Sale Courthouse Steps - Really weird - Why did this happen????
21 November 2024 | 24 replies
I grew up where lots were much larger and houses were much larger and it took me a while to adjust.
Brandon Taylor
Deal or No Deal?
11 November 2024 | 2 replies
. $700/month (about 35% below market, which is closer to $1,000-$1,200) or approximately $6300 per month.Multifamily Property is Currently vacant, but there’s a signed letter of intent from a state housing agency to lease the property on a 5-year NNN lease at $3,000/month.This property has stable cash flow now, with a strong potential for upside by adjusting the mobile home rents to market rate.
Carlos Ptriawan
Don't become passive investors
1 December 2024 | 91 replies
These are the actual index-based risk-adjusted of core-asset investment.
Randall E Collins
Property sale proposal
10 November 2024 | 6 replies
I don't know your adjusted basis, so maybe the estate tax burden will not be that great.