Joe Koppel
How do I find accurate property tax
30 March 2017 | 11 replies
If I'm evaluating a rental property out of state to buy it would be nice to know with certainty what the tax rate is.I have looked at many to see what the tax rate is according to the turn key company and it is an accurate number what they paid the year before but if you look up the tax rate online for the county it is a significantly different amount.
Ken P.
How to find utility cost before making an offer?
26 March 2017 | 8 replies
Part of your due diligence is gathering the trailing 12 profit and loss, rent rolls, property disclosures, etc.
Account Closed
House hacking plans advice please
25 March 2017 | 2 replies
First it is critical to establish an accurate ARV that will be as close as possible to the Appraised Value when you Refinance the property.
Nicholas J.
Potential 8 unit deal
30 March 2017 | 12 replies
I've looked at this 8 unit two times and wondering any and all opinions with the information I've gathered.
Bill E.
DUPLEX DEAL ANALYSIS
27 March 2017 | 3 replies
It's always a good idea to include those costs in the event that in the future that you may want to have it managed for you and just to be able to pay yourself for your time now.Without knowing the age and condition of the building it is hard to say if those Capex and repair numbers are accurate, so you may need to build in more buffer for that if it is an older structure with any deferred maintenance.Also, would the tenant pay all utilities?
Greg Harriman
Trying to Time the Market
8 April 2017 | 19 replies
@Greg Harriman, it all depends on your strategy.Depending on how long you've had that property in Bothell, you may be able to refinance to take a lot of your equity back out of your property to invest in something else, possibly lowering your mortgage and increasing cash flow at the same time.Obviously, if we had a accurate way to time the market, we'd all be rich.
Cole Hagen
Wanting to Buy First House to House Hack. 22 Years Old.
28 March 2017 | 11 replies
Because I have lived at home and have gathered 0 debt I am wanting to buy a house in the next couple months in which I and two of my friends will live in.
Luis Fernandez
Best State for Rental Property?
5 April 2017 | 16 replies
Take a look at AL or GA..There is no one size fits all.
Ted Buffington
Virtual wholealing- JV vs doing it myself
30 March 2017 | 4 replies
Is it better to JV the deal and split it 50/50, or should I have the owner leave a key on the property and gather info from potential buyers before I tell them where its at (drivers licenses, ss cards, etc)?
Maurice Johnson
Mortgage Brokers in NJ!
27 March 2017 | 0 replies
It is my understanding that using an independent mortgage broker is beneficial in the following ways… They shop your credentials to many (up to 30) different lenders to get you the best rate Lenders will give them (the broker) a better rate than they would give you if you walked in and applied yourself Mortgage brokers are paid by the lender and in most cases are free to you Are these points accurate BP?