Michael P.
Ready To Get Started In Ohio!!
2 June 2024 | 112 replies
All other Ohio cities suck because they have a declining population 🤷♂️ so your saying an apartment complex in Toledo wouldnt be a good purchase now?
J Dubs
First post: Looking to purchase in Tampa Fl.
29 May 2024 | 3 replies
You can convert your current property to a long term rental property to offset your current mortgage payment when purchasing a new home.
Ali S.
Need Opinions/Advice on my family and I's portfolio
1 June 2024 | 2 replies
The properties are either one street down from each other or are 2-4 buildings next door.Property #1 (Currently live in with my family and I)Purchase Date May 2021Mortgage Balance: $117,898Rate: 3.625%Mortgage payment including escrow: $870.51Purchase Price: $143,000Tax: $3,308Estimate to sell in today's market: $190,000- $210,000 based on current sales in the market this yearHOA: $110 monthly includes Water and building insurance and other maintenance for the propertyProperty #2:Purchase Date:: April 2022Mortgage Balance: $135,756Rate: 4.625%Mortgage payment including escrow: $1,375 (payment normally $1,059 but payment increased due to low balance on escrow because of tax increases)Purchase Price: $148,000Tax: $4,578Estimate to sell in today's market: $190,000- $210,000 based on current sales in the market this yearHOA: $100 monthly includes Water and building insurance and other maintenance for the propertyRent: $1,400 a month only water is included in rentProperty #3:Purchase Date:: February 2023Mortgage Balance: $118,518Rate: 5.99%Mortgage payment including escrow: $1,315 (taxes have gone up for this property as well)Purchase Price: $132,000Tax: $4,522Estimate to sell in today's market: $190,000- $210,000 based on current sales in the market this yearHOA: $100 monthly includes Water and building insurance and other maintenance for the propertyRent: $1,400 a month only water is included in rentProperty #4: (We were thinking of selling this and take profits but not sure to be honest)Purchase Date:: February 2024Mortgage Balance: $139,408Rate: 6.75%Mortgage payment including escrow: $1,332Purchase Price: $147,000Tax: $4,130Estimate to sell in today's market: $190,000- $210,000 based on current sales in the market this yearHOA: $100 monthly includes Water and building insurance and other maintenance for the propertyRent: $1,350 a month only water is included in rent
Taylor Holden
Carpet of vinyl for appraisal purposes!
2 June 2024 | 5 replies
I’m looking to purchase a product to use on the entire flooring of the property including bathrooms and kitchen.
Dar Baruchim
Requesting Advice: Purchasing an apartment in building that failed inspection
29 May 2024 | 7 replies
I have sites you can purchase where we can 2x your money in less than a year all cash through zoning and entitlements.
Timmy Chen
New Construction Homes Pros and Cons
1 June 2024 | 5 replies
Brand new homes typically don't produce enough income to justify the purchase price, particularly in today's market.
Christopher Cronin
REIPro
4 June 2024 | 54 replies
I have test run a number of these programs and this is the one I have purchased.
Ian Funnell
How would you structure this deal?
1 June 2024 | 2 replies
I'm willing to oblige as long as I get favorable terms.The goal of purchasing the property is for investment purposes.
Elizabeth R Matthews
1031 Exchange in Virginia
1 June 2024 | 7 replies
If you start a 1031 exchange now, think of it as a purchase option that gives you the right to defer your taxes if you find the right property by July 15.
Vladimir Kotomin
Looking to execute my first 1031 exchange
1 June 2024 | 10 replies
Interesting ideas; most residential investors are not considering a practical issue with 1031s - you are operating under strict limitations on the purchasing side and it forces your hand and you end up overpaying on the purchase side; the (small) tax advantage gained are often not worth it.