Ian Livaich
Does a refinance trigger a tax assessment?
20 October 2018 | 2 replies
After it was flipped and sold last year, its assessed value shot up $90,000, causing an increase of $4,000 annual taxes.
Ian Livaich
Does a refinance trigger a tax assessment?
22 October 2018 | 8 replies
After it was flipped and sold last year, its assessed value shot up $90,000, causing an increase of $4,000 annual taxes.
Mike Spears
SDSU West / Soccer City Increase Surrounding Real Estate Value?
19 October 2018 | 0 replies
I've read a lot about the upcoming vote on the SDSU West vs Soccer City Initiatives, however I'm curious how you all think this will affect the surrounding area real estate values? Specifically homes within a mile rad...
Shane Welch
Renovations on Taxes?
21 October 2018 | 6 replies
Repairs can be expensed but anything that increases the value of your property is to be depreciated.
Chenri Jano
BRRRR variation for foreclosed property
20 October 2018 | 0 replies
. - Buy using hard cash, - Refinance my other properties to get the cash back + get the rehab fund, - Rehab of $30,000 to increase it's value to around $230,000- Rental units of 50 units with nett cashflow after expense and mortgage of $1200- Repeat: finding another opportunities with the extra money that I got from refinance Conclusion: I got the property with 0 cash invested (though short term cash is needed & using other property for refinancing), get $1200 / month (still in progress).
Trey Hedrick
100 Percent Financed Mortgage
10 November 2018 | 11 replies
You have to look at the numbers of what that extra loan/increased interest rate is going to cost you.
Brandon Ribeiro
not enough money for closing costs AND down payment...
23 October 2018 | 7 replies
Easy solution: increase your purchase price by $5,000, and have the sellers pay $5,000 of your closing costs.
Brandon Ribeiro
not enough money for closing costs AND down payment...
22 October 2018 | 60 replies
I would cut your expenses and/or increase your income so that you can get into your first deal in the future.
Dawn Campbell
Make Ready or Rehab for Apartments
20 October 2018 | 4 replies
Follow the local expectations of the tenants that you are attracting, spreading the improvements as the budget allows.
William Huston
Perfect deduction calculation...
27 October 2018 | 3 replies
Basically he told me he was a CPA and mentioned that a lot of investors he does taxes for leverage everything and leave so much deductions on the table vs income...Basically he was telling that if I calculate out my deductions, I could finance only x amount to optimize my taxes and increase my Roi overall over paying all cash even with the higher interest rates on investment loans