
8 August 2024 | 10 replies
Tax sale can be very rtechnical and speciic to each state or even each county.

12 August 2024 | 13 replies
I just moved out of Houston (Sugar Land) after living there for the last 12 years.

8 August 2024 | 0 replies
Purchase price: $300,000 Cash invested: $65,000 Sale price: $455,000 This house needed a full renovation to compete in the challenging Austin, TX housing market.

8 August 2024 | 4 replies
Can it still qualify for 1031 because the rule is u have to live in it or rent it for 2 out of 5yrsSecond, if I buy a property, renovate it and sell within 3/4 months, can it qualify for 1031 because I heard u have to hold it for 1 yr.Is coop sale and exchange with purchase of single family home "like kind" of exchange?

6 August 2024 | 4 replies
Could someone clarify how a cash out refinance would work after new construction.

8 August 2024 | 3 replies
I put some numbers below into this Rent or Sell calculator.https://www.narpm.org/members/resources/rent-vs-sell-calculator/ESTIMATES ON ROI (15 year time frame)at 5% Appreciation would profit $100K if SELL nowat 6% Appreciation would have $3,500K more if KEEP and sell after 15 yearsat 7% Appreciation would profit 122K if KEEP and sell after 15 years(Assuming a conservative 6% ROI on money invested from sale.)NOTE: The property appreciated 10% in the last year so I’m thinking 7% over the next 10-15 is reasonable.DETAILSSale Value: $520,000 (Best guess)Paid: $437,000Original Mortgage: $415,000Mortgage Balance: $380,000Interest: 3.375%Monthly mortgage: $2,899Mortgage Difference: $1064Annual Taxes, Insurance, HOA etc**: $20,345**$13,865 (Non Homestead tax) $4,680 (HOA) $1,800 (Landlord Insurance)Monthly Rental Charge $3,500*Appreciation 7%Years to Hold: 15More assumptions used in ROI Estimates Above90% occupancy,15% capital gains charge6% selling feeRate of return on gains if selling now instead 6%Annual maintenance 1%Annual rent increase 4%$3,500 is slightly aggressive. unlikely I could get more.Thanks in advance for any constructive thoughts and comments!!!!

8 August 2024 | 2 replies
The property i am planning is not listed for sales, is there such thing as negotiation service for hire to help me to convince the owner to sell his property?

6 August 2024 | 6 replies
After that, it is up to the new owners.For property taxes, it depends on when notices were sent and when you sold.

9 August 2024 | 25 replies
Currently, there is no charge for this service (but don't hold your breath very long).
13 August 2024 | 7 replies
I figured once we use our own cash to buy we wouldn’t have issues getting a refi on a cash flowing house after the rehab.