Hello all, I'm curious how much the HUD will actually pay compared to the 40th percentile rents posted on their site.I'm aware of the different amounts each tenant will cover in terms of their portion of the rent, but I'm not sure if the HUD will actually agree to my rent price.I've been taking the stated FMR for the bedroom count, and taking 20% off the number stated (to be conservative as to what the HUD will accept). 

This is the best place for all things real estate related.

Hi Natasha, With all due respect, wholesaling is not a side hustle.

Would be helpful if you use them currently or have used them in the recent past to better be able to speak to the pros & cons of the company.I’m also likely going go need a reliable GC so if I’ll take those recommendations as well if you’ve got ‘em.Thank you all in advance.E.S.

In September, all three components rose month-over-month, and the Future Sales Expectations component is now at 57 (anything >50 = bullish).

Good Morning all, am in the process of selling my coop first per loan officer and will be buying coop (2bedroom) pending sale of unit on contract we signed- my question is when I do my taxes will I be hit with anything ?

I certainly won't hold anyone to anything, but could either of you venture a guess  as to what the actual net profit after all taxes (including cap gains, depreciation recapture, etc) would be on a 100k investment with total gross return of 193k on an income of 50k?

I would also recommend making sure the current owner is in good standing with the association and that all dues are current, otherwise that could become your liability post-closing.All in all, if everything checks out and the numbers work for you, condo/townhomes can be a less daunting way to break into RE investing, especially in a high-priced market like NJ.

I’m based in Los Angeles, CA, but the distance didn’t matter at all because she was always responsive, proactive, and kept me in the loop every step of the way.

So I appreciate its all wired up for me.