28 June 2024 | 14 replies
Feel free to reach out if you have any other questions
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27 June 2024 | 10 replies
Hi Nicholas,When thinking about taxes and deductions for your real estate business, according to the last IRS info I saw, you cannot deduct improvements or upgrades.
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30 June 2024 | 11 replies
Break-even is good with me knowing you'll have new funds (non taxed by the way) to work with on the other condo and get a new deal with VA.
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30 June 2024 | 2 replies
The market rent puts all three together at approximately $2900 monthly.Costs behind the acquisition:Property taxes: $5000 yearlyInsurance estimate for all three: $3,300 yearlyC-class properties (not best location, their condition is about average - older properties)Purchase price: $250,000k$15k down and $235k seller financed at 6% interest for 30 years. 5-year PPP.
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30 June 2024 | 12 replies
The reason the PM contractor bid is higher is most likely the PM will be managing the rehab as well and that is not done for free.
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29 June 2024 | 11 replies
Feel free to reach out
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29 June 2024 | 2 replies
I want to purchase out of state for a number of reasons (Landlord/tenant laws, tax purposes, purchase price, cash flow, etc...)
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1 July 2024 | 18 replies
Calculate monthly cash flow by calculating mortgage payments, property taxes, insurance, maintenance, and rental income.
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30 June 2024 | 2 replies
Feel free to DM me your suggestions or to connect!
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1 July 2024 | 10 replies
Feel free to DM me any time.