Account Closed
Seasoned Real Estate CPA Expert Answering all Questions on Investing Tax Strategy
26 June 2024 | 34 replies
I am using a Heloc to fund my real-estate purchases and also to cover the rehab cost. 1.
Manuel Llanas
Should I rent my townhouse?
25 June 2024 | 6 replies
Research comparable rental properties in your area to determine the potential rental income.
Meri Hamada
Is it bad idea to invest in the property in area Crime rate D(-), North Las Vegas?
28 June 2024 | 8 replies
After we met, we purchased our primary residence together in 2022.My husband and I are in escrow for a property in bad neighborhood in North Las Vegas.
Michael Potorti
Good/Bad Cleveland Suburbs
25 June 2024 | 18 replies
Quote from @Michael Potorti: What are some strong areas to purchase property in Cleveland area?
Chris M.
The Salty Mint
28 June 2024 | 0 replies
Purchase price: $385,000 Cash invested: $385,000 “The Salty Mint” is the ideal location for your beach vacation!
Charlie Zelaya
Starting the process on my first fix n flip
28 June 2024 | 18 replies
These are some questions you want to have answered before you purchase a fix and flip.
Malachi Weary
develop comping accuracy and timely manner
25 June 2024 | 1 reply
Currently working on analyzing leads accurately relative to rental income and interior of property when determining offer price.
Jason Mergl
What to do with my Equity?
27 June 2024 | 14 replies
Below are the details of each property, including purchase price, current estimate, and equity, along with their respective cash flows:Home 1 - Condo, (2 BR, 2 Bth) Fayetteville,NC- Purchase price $50,000 - Current Estimate $75,000, loan amount 0 = Equity $75,000Cash flow - Rent - $825, PM Fees $75, HOA Fee $100, HOA Assessment $163, Taxes $50, Ins $25, Loan Pmt $0 = Cash Flow $412Home 2 - Condo (3 Br, 2 Bth) Fayetteville,NC- Purchase price $89,000 - Current Estimate $155,000, loan amount 0 = Equity $155,000Cash flow - Rent - $1250, PM Fees $112.5, HOA Fee $231, Taxes $90, Ins $30, Loan Pmt $0 = Cash Flow $786Home 3 - SFH (3 br, 2 Bth) Little Rock, Ar - Purchase price $189,000 - Current Estimate $300,000, loan amount $85,000 = Equity $215,000Cash flow - Rent - $1500, PM Fees $150, Taxes $269, Ins $156, Loan Pmt $766 = Cash Flow $159Home 4 - SFH (3br, 2 Bth) Abilene,TX - Purchase price $225,000 - Current Estimate $315,000, loan amount $51,600 = Equity $265,000Cash flow - Rent - $1850, PM Fees $185, Taxes $583, Ins $145, Loan Pmt $1400 (0 Interest) = Cash Flow -$463Total Equity = $710,000Total Cash Flow = $894Sell, Sell with 1031 exchange, Cashout Refinance, HELOC'S...Too many options, i don't know what to do.
Don Konipol
Five Unique Ways I’ve Seen People Make Money In Real Estate
27 June 2024 | 1 reply
About 15 years prior he had purchased an inexpensive tract of land near Lake Houston outside of Huffman, Texas.
Joseph Chacko vellukunnel
financing a small mobilehome park with 100% POH
29 June 2024 | 9 replies
We always add a metal roof with overhang to any older homes we purchase.