21 December 2018 | 2 replies
From searching online I haven't got an answer the actual process if I can remove it, every blog says talk to a lawyer, it survives tax deed and purchaser will be liable, but it doesn't answer if I buy whats the process to follow and if its even possible to clear title other than being responsible for the amount.the property is worth around $800-900k, Auction starts around $80k, given the hassles involved, I wanted to know how much it would cost in addition to tax deed purchase to get a clean title.
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15 February 2022 | 87 replies
Additionally, I already have had conversations with XYZ Property Management (edited this part because the mgmt company was TERRIBLE – that’s another story) office in Duncanville and am planning on utilizing them to manage the property.Although I’m not sure when, I do plan on eventually moving back to Texas and specifically to the DFW area.
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18 December 2018 | 6 replies
Additionally, not everyone has the cash and/or knowledge when they're just starting out to buy a 32-unit, especially for a newbie like me.
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17 August 2018 | 9 replies
If you make improvements to a property (garage or another type of remodeling or addition) those items will also be added to your cost basis and affect your capital gain or loss.
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3 August 2018 | 6 replies
The monthly savings typically outweigh the additional insurance cost.
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3 December 2018 | 30 replies
Additionally, I'm not certain but I believe that every penny of withdrawal taken out of a (non-Roth) 401k/IRA during retirement is taxed at your ordinary rate, which is likely to be higher than tax preferred treatment of real estate.
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29 August 2018 | 6 replies
We started with a total of $50,000 from 3 partners and a promise of an additional $30,000 from one of the partners.
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14 September 2018 | 25 replies
You have to speak in term of sub-markets and macro areas here.I'd be happy to talk, if you want additional information.
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2 August 2018 | 2 replies
In addition to choosing one with experience with 203k loans I would vet lenders and look at their local reputation.
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1 August 2018 | 4 replies
You can remain 50/50 and the additional money treated as a loan.