10 March 2018 | 6 replies
If the buyer thinks they are adding 6% to the deal then they are worth 6% TO THE BUYER.
31 May 2018 | 6 replies
You have added value.Before moving out (when still owner occupied) I would refinance it using traditional loan (not the VA loan).
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15 May 2018 | 8 replies
Sounds like $15k might be a generally safe bet on houses that look "pretty good"... and obviously upwards from there if adding an additional room.Property management fee: Yes, 10% was my starting rate there, but I have 4 properties in the area currently and my management company has a portfolio rate of 8% once you reach 3+ properties through them which is a nice little bonus.I should have caught the property tax difference!
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16 May 2018 | 13 replies
But I think it could be an added bonus to let tenants know that the windows are brand new.
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14 May 2018 | 5 replies
Almost each of my properties went up by $100 a month more added to my mortgage payment due to rising property taxes (I pay my insurance and taxes through escrow).As tempted as I am to pass the expense on to my tenants, I'm also wary of them moving out as a result which would cost me even more (vacancy, turn over repairs, time, hassle, etc.).
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15 May 2018 | 3 replies
I current use Ad Valorem Tax for tax protest.
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4 June 2018 | 10 replies
@Shane Jeanfreau if you will be seating on built up equity that you created by repositioning the asset you MAY be able to refinance the property after 6 or 12 months to 70%-75% (or more depending on your lender and the property) of Appraised value.so if you added sufficient value you may be in a position to have no money in the deal.
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17 May 2018 | 20 replies
I am thinking about running Facebook ads for my investing business.
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19 May 2018 | 6 replies
The property is newly renovated pretty much all around.New floors, kitchens, bathrooms, paint and trim, 2 carrier ac units, new furnace, 2 water heaters, split electric and gas.Natural gas, pub water and sewer.I will be wrapping closing costs into the mortgage.Ideally, this will be my first home so I will be using this for initially a house Hack, but planning on adding 1 master sweet with walk in closet and bathroom over the empty space above the garage.I was just toying with the numbers to see when we move out if this will make money monthly.