Thomas Senatore
Tommy Tax Lien
21 February 2024 | 2 replies
In 1998 I discovered Tax Lien Certificates and in 2000 was introduced to Tax Deed foreclosures.
Marilyn Thompson
USDA Loans for Multifamily
22 February 2024 | 5 replies
Additionally, the application and approval process for USDA multifamily loans can be complex, so it's advisable to work with a qualified lender experienced in USDA loans and the multifamily housing sector.To determine if a specific multifamily property is eligible for a USDA loan, it's recommended to consult with a USDA-approved lender or reach out to the USDA Rural Development Office in your area.
Rebekah Bloom
Tulum Property Managers
24 February 2024 | 4 replies
There was one company that was owned by an American and she was the most put together, explaining she would list my property under her LLC to help save me the 25% taxes México charges for nightly rentals (I purchased my condo on a tourist Visa) and they did everything.
John Mark
Good tenant in underpriced unit
24 February 2024 | 11 replies
Over the past 7 years my insurance has increased 65% and property taxes another 20%.
Chris Seveney
Creating a LLC with a Wyoming Holding Company To Sell My Xbox on Craiglist!
24 February 2024 | 5 replies
Make sure you document your original cost so you can show the loss on your taxes. :-).
AJ Wong
The future of Pacific Oceanfront Real Estate investment is the Oregon Coast
24 February 2024 | 4 replies
The most southern OR city of Brookings offers tremendous value, and the difference in taxes, insurance and associated carrying costs for crossing the State Line are considerable in comparison.
Allison Levine
What would be the pros and cons?
23 February 2024 | 3 replies
I ask because sometimes the tax liability isn't always that bad.I generally consider it better to sell/1031 to scale up instead of cashout refi.
Andrew Bosco
To 30 day stay - or to not
22 February 2024 | 8 replies
once someone stays 30 days they're a tenant . you should consult with a local real estate attorney
Account Closed
Flippidy DO DAH - Fix & Flipping Today & making a Mint
23 February 2024 | 1 reply
You get that back if you sell, but if you keep it as a rental it takes 153 months or 5 years to break even on your down payment alone.https://www.redfin.com/IN/Indianapolis/1515-E-Kessler-Blvd-Dr-46220/home/66981054ARV / Sell Price$235,000We Calculate All CostsPurchase Price$152,750 65%Closing Costs$2,000Rehab$30,0006 Months Carrying Costs$9,114Real Estate Selling Costs$14,1006%Other$0Other$0Total Rehab Costs$207,964Now We Calculate ProfitARV / Sell Price$235,000Total Rehab Costs$207,964Gross Profit$27,036IRS Tax$4,05515%Net Profit$22,981Per month profit$3,8306Loan Down Payment$30,55020%Loan Amount$122,200 80%Loan Cost per rmonthPrincipal & Interest$8137%Prop Taxes$321Insurance$168HOA Fees$0Monthly Payment Costs$1,302Monthly Payment 1$1,302Monthly Payment 2$1,302Monthly Payment 3$1,302Monthly Payment 4$1,302Monthly Payment 5$1,302Monthly Payment 6$1,302Utilities for 6 months$1,302Total for 6 Months$9,114
Hari Mann
The Power of BP and Positive Thinking
23 February 2024 | 2 replies
I happened to start learning about private equity funds, stakeholder capitalism, and the housing crisis last week and also started getting more active on the BP forums.I posted about struggling with finding investors for syndication and got some good comments about why this is the case for many syndicators right now.One comment referred to something about FEMA flood insurance rate maps and that rang a bell in my head about a random old piece of land I got a few years ago when I was heavily into tax deed auctions in Florida.