Robert Campbell
How do property taxes work in a small quick wholesale deal
23 September 2018 | 3 replies
. - I decided I didn't want to mess with it because Im starting another project with higher potential return.Now, as an example, I look at this one:https://www.zillow.com/homes/63-GRANVUE-DRIVE-BELL...Its on the Auction block, if I picked it up for 2 or 3k, and sold it for 10k to someone else who wants to work with it, essentially a wholesale deal, and didn't spend any money fixing it up, and agreed to max 1k realtor fees if any, I might make some money on it.If you go to our county tax assessor site, and search '63 Granvue', youll see that 1) the total taxes for 2018 are $2981.38, and 2) they are paid by the bank already for 2018 http://www.co.st-clair.il.us/Pages/parcel.aspxWhat I am asking is - if I bought this at auction, and sold it within a couple of months as a property someone else can rehab, how would the property taxes work / what would I end up paying?
Eric Richner
New REI Investor in Atlanta Area
25 September 2018 | 2 replies
I was first introduced to real estate investing 2 years ago, but was too busy with my small IT company to take it serious.I am now winding down my IT business and looking to focus on REI full-time.I’ve joined a couple of REIA, FB, and MeetUp groups to get the ball rolling.
Obadiah Roszman
New Member- Refinance Strategy Question
24 September 2018 | 2 replies
That, coupled with my existing Business line-of-credit and cash on hand, I can pretty much buy houses to rehab and Flip at will, (up to a certain point).
Aleksandr Pisarevich
Looking for a property management company recommendation
25 September 2018 | 4 replies
Hi,I have a couple of properties that I have recently bought in South Indianapolis (Greenwood, Indiana) and I am looking for a good Property Management company that I can hire to manage them.
Sylvia B.
Fair Housing Question - Age?
25 September 2018 | 4 replies
Some of them add, "or at least 21 and married".
Brian Dudash
I want to get into Rental RE Investing - Need Advice!
9 October 2018 | 23 replies
I also know there is no perfect plan to follow when getting started but I'm trying to weigh the pros/cons of going the SFH route (at first), pay cash for the first couple, generate that cashflow and build it from there.
Jason Barnes
How do I find a mentor in my area
26 September 2018 | 5 replies
I would only be able to help them a couple hours a week I already work two jobs lol.
Beau Pearson
Are partnerships worth it on SFH?
27 September 2018 | 13 replies
I am already married to one person - don't need to be married to another.
Anthony Testino
Flipping with Bitcoin
7 March 2022 | 14 replies
That's likely to change in the next couple years, but not yet.Currently, I see little advantage to using crypto for real estate transactions.
Victoria S.
Good CoC but possibly inheriting bad tenants
24 July 2018 | 4 replies
Do not let that ruin your vision for the property do not be turned off by a couple of stinkers in the building .