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28 March 2024 | 8 replies
From what i have heard, taxes 2% of the sales price, insurance varies between $3-5k, and HOA also varies.
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27 March 2024 | 7 replies
Insurance has gone up quite a bit, property taxes and HOA fees as well.
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26 March 2024 | 8 replies
Also any additional tips for this area would be great!
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27 March 2024 | 4 replies
@Kevin Drouillard most PMCs do not pursue collections after a tenant moves out.Check the eviction judgment to see if a money judgment was included.If not, you will need to pursue small claims judgment.Once you have a money judgment you can try to garnish (another court process) wages, bank accounts or state tax refunds.
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25 March 2024 | 10 replies
I'm looking for local recommendations for an experienced real estate tax accountant/CPA.
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27 March 2024 | 6 replies
We primarily focus on vacants, preforeclosures, tax liens, and pre-probate leads.
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28 March 2024 | 50 replies
Visually, it really opens up old spaces, and gives a great foundation for tenants to make it their home.Another little known tip: the are dozens and dozens of white colors.
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27 March 2024 | 19 replies
The basic rule for the amount of cash to have at hand is 3 months of ALL expenses as if the rental was unoccupied and you had to pay all the utilities on top of the full Primary mortgage, Interest, Taxes, and Insurance (PITI).As well, it's pays to have a bit more because life happens.Good Luck!
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28 March 2024 | 13 replies
Typically, to qualify for loans when contract or self employed, you need two years of tax returns for a typical loan.
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27 March 2024 | 7 replies
There are tax filings and yearly fees associated with them.