They will ask money to be sent through cashapp, cashapp couldn't refund my money either and so does my bank. @ Ashley Randol please take them down. 

I am not opposed to flipping, but I need to educate myself on the tax implications first.

No property taxes. 

As far as taxing goes.

So when I called the company they said I had to pay $595 fee that might be refundable depending on if I close the deal or not.

A $500k place renting for $3,500 but $500k at 6% is $3,000, add $100 for insurance and $300 for property taxes and you’re offering to buy the place they are renting to you for $3500 for a $100 less than the rent. 

For the life of me I can’t really find a property to flip locally but the ones I’ve bought and held for 2 years have appreciated significantly and if I was to sell some of them now after all taxes, commissions and expenses were paid I’d probably profit about $65,000-$85,000 on the 2 year properties.

I put this in writing for them too.This year I am planning on only raising rents by $10-15/mAll of my properties are currently at market rent, but of course things like insurance and taxes keep going upBP Community, what are you doing for rental increases this year?

I am looking at tax liens and am hoping to Connect with experts as well as starters to learn and gain some wisdom.please be my guide within the community.

My monthly HH income is 16k USD after tax.After looking at multiple properties and calculating the overall net income it is quite difficult to come to a net positive cashflow (taking into account Mortgage payment, HOA, property taxes, insurance, rental taxes).