Karen Sferra
What taxes are to be paid when selling a rental property in Phila., Pa
4 February 2024 | 4 replies
Since your property is in Philadelphia city limits, at the time of transfer, the title company will collect 3.278% of the sales price to be paid to the county and an additional 1% of the sales price paid to the state in transfer taxes.
Luis Torres
Seeking an Airbnb Overseas mentor
4 February 2024 | 2 replies
I understand this site caters to USA, But I am interested in Europe.I require someone knowledgeable on European laws, etc.. and how to figure what I shouldRent out the property for weddings.At the moment looking at a French ChateauReception Rooms: 6Bedrooms: 24 Bathrooms: 23 Land: 152 acresAdvise.Thank you for any help.
Leonard Rybak
Recent issues with mortgage broker
6 February 2024 | 42 replies
@Leonard Rybak I am also new and learning from this wonderful site.
Reagan Huefner
Owner Build House Hacking?
4 February 2024 | 0 replies
We would plan to contribute at least $1,000 monthly in addition to the cashflow you see in the report.
Taylor Zad
Tenant has property in gross condition so we can't show- can we recoup deposit?
4 February 2024 | 4 replies
Otherwise, unless there is actual damage and not just cleaning it would be an additional charge above wear and tear for cleaning.
Alan Asriants
Are you planning on increasing your tenants rents in 2024?
6 February 2024 | 23 replies
For our tenants we're trying to get to leave, we have and we will just do an on-site inspection then a day later tell them we do not want them and give them legal required notice.
Justin Goodin
👋3 Ways To Calculate Interest
4 February 2024 | 4 replies
.: Commercial real estate lenders calculate interest on loans in three ways:✔️ 30/360✔️ Actual/365 (aka 365/365)✔️ Actual/360 (aka 365/360)Real estate underwriters should be aware of these 3 methods and understand which calculation the lender is using.The differences can have a significant impact on the amount of interest paid over the life of the loan.Similarly, it can also have an impact on the amount of cash flow that is available to be distributed to your investors.In the example provided, which appears to come from this site, it would equate to a $340 difference on a $1M loan over 10 years or $339/year.
Reagan Huefner
Owner Build House Hack?
5 February 2024 | 2 replies
My business partner and I have done numerous rehabs, conversions, additions of units, etc. to force equity and appreciation in our properties.
Cheng Chu
How to assess demand for traveling RNs?
5 February 2024 | 13 replies
I'd also hit up Indeed and similar sites.
Jeff Klonowski
Co-Ownership + Short Term Rental
4 February 2024 | 14 replies
There is appreciation potential, but no additional cashflow opportunity.