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12 January 2025 | 0 replies
Sale Price$171,000 - $55,000 (Rehab) - $13,680 (8% fees) - $40,000 (profit) = $62,320 MAOFrom talking to other investors and doing research, typically a Novation allow more money to the seller, correct?
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13 January 2025 | 11 replies
Current HELOC rates are typically 8-10% depending on your credit and lender, though some banks offer promotional rates.
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12 January 2025 | 7 replies
I’ve already put down a $2,000 earnest deposit and paid for the inspection and appraisal.This event is unprecedented in the area, as the area is typically low in violence and considered very safe.
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27 January 2025 | 8 replies
If the LLC and its income are entirely outside California, it typically does not require registration with the California Secretary of State (SOS) or payment of California Franchise Tax Board (FTB) fees, even if you reside in California.
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21 January 2025 | 10 replies
Typically it would be the tenants responsibility to provide access.
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23 January 2025 | 5 replies
These straightforward requirements make the process accessible and convenient for buyers.The initial setup costs typically range between $500 and $1,200 USD, while annual maintenance fees are generally between $500 and $700 USD.
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8 January 2025 | 5 replies
@Polat Caglayan very ambiguosu question, but read the helpful info below to guide your next set of questions:)-------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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1 February 2025 | 14 replies
I’m excited to take my first steps into real estate investing and have decided to focus on Pittsburgh for my first property.I’d love to hear your thoughts on:*Neighborhoods or areas in Pittsburgh that are good for investment and typical price ranges I should expect.
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7 February 2025 | 3 replies
Or does one product typically offer better rates?
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24 January 2025 | 4 replies
It's people who understand that it takes effort to become successful, typically from CA at this point, and have a way of showing those characteristics, do best.