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29 March 2024 | 7 replies
If it is possible, is there anything else I should consider before talking to lenders (namely, any tax implications).
27 March 2024 | 13 replies
Any thoughts/tips/suggestions/warnings/advice is welcomed!
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29 March 2024 | 3 replies
I plan on requesting the following quarter report if I offer.Average Monthly Expenses per triplex (maintenance/insurance/repairs/utilities/property taxes/vacancy):$730.50Estimated mortgage: $1,132I plan of offering $200,000 - $205,000 due to two of the rooms not being renovated, roof needing work, and after being posted for going on 3+ months.
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27 March 2024 | 5 replies
If I continue to pay the mortgage in the the seller's name (with out refinancing) would they claim the mortgage interest tax deduction or do I get to claim that since I am paying the mortgage and hold the deed to the property.
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29 March 2024 | 6 replies
She knows about tax lien stuff.
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29 March 2024 | 7 replies
If I pulled to put on a rental property for around 200k then after property tax, property management, mortgage, insurance I’d probably be cash flowing much less than my 5.5% at the moment.
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29 March 2024 | 0 replies
Do they leverage the purchase for taxes and depreciation?
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28 March 2024 | 6 replies
Here are some tips for networking and making the most of your account. 1) I'd fill out your profile fully before you do anything else!