Cooper Cheon
First rental property
15 February 2024 | 8 replies
Look at all the economic factors and your exit plan.
Jennifer Porterfield
PA tax on Sheriff Sale and Funds for Pmt
14 February 2024 | 7 replies
If the proceeds are insufficient to pay all the sale costs, realty transfer taxes, and priority liens, then the buyer shall pay the balance of such amounts to the Sheriff's Office within 30 days after the sale date."1) If the upset price is 100k and I pay 101k for example, should I plan on paying the 2% transfer tax and county fees?
Karim Baker
San Diego Gut Rehab
15 February 2024 | 9 replies
Sometimes they give you materials and labor at cost and charge a fee .
Haemi Jung
Sell or Keep a co-op apt with a positive income
13 February 2024 | 5 replies
Currently, we are leasing the property, generating a net profit of $380 per month and living in Missouri.We are contemplating the decision to sell this property and potentially gain $239-278K payment to buy additional investment properties in Missouri given the rising rental rates in the area, we anticipate increasing our rent and potentially securing a net monthly profit of $780 (annual$9,360).While we acknowledge a monthly profit, our concern stems from the apprehension that the property might not fetch as high a price in the next five years or that our HOA fees and taxes could escalate.Given this situation, what course of action would you recommend?
David Green
Using IRA to buy rental property
16 February 2024 | 26 replies
Hello fellow investor, When considering whether to invest in real estate or leave money in an IRA, there are several factors to consider.
Maxwell Banton
Urgent Help needed navigating Investment Decisions for My Orlando Property
15 February 2024 | 9 replies
How are you dealing with incidentals and additional pet, amenities fees?
Erik Price
Requesting feedback on first short term rental deal currently under contract.
13 February 2024 | 6 replies
If so, there may be additional fees for services like dynamic pricing or property management systems, especially if you plan on listing on platforms other than Airbnb.Even if you’re going to clean and manage yourself I would get in the habit of paying yourself a cleaning fee so that if you decide to outsource that you can still cash flow.I know the market can be tough at times to find the “right” deal a “good” deal but with patience you can stay in budget and achieve a higher ROI, COC and ROE.
Mimi Lieder
Different types of real estate investments
14 February 2024 | 15 replies
Look at the whole market and all the factors that would effect income potential.
Nehru Raju
Negative Cash flow on Second property
15 February 2024 | 8 replies
HOA fees often kill cash flow.
Andrew Erickson
Backyard Homes Produced in China
15 February 2024 | 12 replies
An asset that generates $1,000/mo ($1200 rent - fees) should be valued at $150k assuming you expect an 8% return.