Quintin Smith
Buying a Home or an Investment Property
24 September 2021 | 5 replies
When you factor in property taxes of 1% the appraised price, interest rate of 3.25% for 30 years, and annual insurance of approximately $500, your PITI (principal, interest, taxes, insurance) monthly payment comes out to be approximately $2,000.
Garratt Brannock
How do you analyze a real estate market
24 September 2021 | 2 replies
This may sound broad, but I study every factor/variable that may have an effect on my investment strategy and specific target market.
Adam Thomas Welu
Has anyone bought from a Turnkey Rental Company?
3 October 2021 | 9 replies
@Adam Thomas Welu the quality of turn-key companies can vary a lot, Here are some key things to look for.In general, the ones to avoid are the ones that: Don't allow financing or a finance contingency (it can be a good indication they are selling above market value) Don't allow for your own independent property inspection Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors) Require you to pay for any renovation upfront Sell only in cheap. low end neighborhoods Don't accurately represent the neighborhood/property classification Don't have consistent rehab standards for all properties Don't provide a scope of work for the property Can't provide references of repeat investors
Sam Collins
Help me analyze this deal
1 October 2021 | 2 replies
But I can factor $50 every 2 weeks in for this.
Kevin Kittilsen
Capital gain Ordinary Income Tax on rental to be demolished
24 September 2021 | 1 reply
Norris; Pool)— i.owner's intent (nature and purpose for which the property is acquired); ii.The extent of improvements and advertising to increase sales; iii.number, frequency, and substantiality of sales [this generally is the most important factor (SuburbanRealty Company)]; See (c) below iv.duration of ownership; v.continuity of activity related to sales over a period of time; vi.extent and nature of the efforts to sell the property; vii.The extent of subdividing and development to increase sales; viii.use of a business office for the sale of the property; and ix.character and degree of supervision or control over representatives selling the propertyNote: Per court case SUBURBAN REALTY CO. v.
Mark Aiken
Indiana Rent Increase Limits?
29 September 2021 | 18 replies
Ethical and unethical are not factors.
Ramon E Alvarez
IMF: "credit scores could soon be based on web browsing history"
29 September 2021 | 30 replies
Factor in "character" in addition to DTI.
Chris Gibbs
Fork in the road for my real estate journey
15 October 2021 | 7 replies
Here are the factors to the equation.1.
Nicole Harrington
Help me analyze this deal
26 September 2021 | 4 replies
These cost are going to very dependent on the area.If I was a betting man I'd say the zoning and permit cost will be more time and energy than financial, but should be taken into factor as holding cost will rise the longer the process takes.
Lou Farese
Condo Complex Issue
25 September 2021 | 2 replies
I do feel bad for the role that I played in his week, but there are many other factors at play here.