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13 May 2024 | 4 replies
@Kenji TominagaIf the taxes have already been paid by the seller they are prorated as part of closing costsIf you are talking about escrow payment taxes then some appear to have missed them as you would be paying those
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13 May 2024 | 5 replies
You probably need 10% for a down payment plus closing costs which could be another $10-20k.You can put in an offer contingent on selling your own property.
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14 May 2024 | 13 replies
it’s a closed system and no clue what’s happening behind the scenes.they have unpaid tax bills on their properties and they have taken loans on top to pay those bills because the property revenues can’t cover those bills for example this one https://www.lofty.ai/property_deal/4318-Clybourne-Ave_Clevel...
13 May 2024 | 6 replies
Quote from @Account Closed: “Wealthy people buy real estate.”
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13 May 2024 | 4 replies
I have a decent understanding of it all and some sample documents but would greatly appreciate some guidance with closing this deal.
13 May 2024 | 4 replies
Quote from @Kelly Farmer: My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $15,800Positives:1.
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11 May 2024 | 2 replies
They send you a certified letter requesting that you make one of two choices to amend your commission structure (neither of which is beneficial to the landlord) because of "underperformance" of the machines.
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15 May 2024 | 22 replies
House is currently being rented for close to top dollar at $1,100 a month and there are zero complaints from the tenant on the condition of the house.
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13 May 2024 | 0 replies
Would we be able to pocket the buyer commission to remedy the final sales price or closing costs?
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11 May 2024 | 38 replies
I have 12-doors and I'm closing on a new duplex next month.Ultimately, the market you choose will depend on your goals.Looking for cash flow and lower entry price points?