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4 April 2024 | 5 replies
Namely, transfer taxes based on the assessed property value (even if transferred for a $1) & presumably additional accountant fees related to basis.
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3 April 2024 | 10 replies
Comparable properties in the area are currently valued at an outdated $1.1 million.
4 April 2024 | 12 replies
It should be NOI divided by value, and in this case we will assume your cost basis is value.
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4 April 2024 | 16 replies
Identify your goals - Figure out if steady rental income or maximizing long-term property value is your top priority.
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3 April 2024 | 9 replies
What is the purchase price or estimated value for the refinance?
3 April 2024 | 12 replies
Based on what I’m reading (2% rule, 50% rule), and the cost of property management companies; it seems better to just sell it for its current value of $550k and invest the equity.
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3 April 2024 | 36 replies
To answer your question more directly, I typically look at minimum 0.20% the value of the property for cash flow.
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3 April 2024 | 0 replies
20% down fixed rate 30yr mortgage How did you add value to the deal?
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4 April 2024 | 10 replies
I love more than anything that you see the value in providing housing and caring for your investment, however timing is everything.Once the tenants are out GO FOR IT!