TJ Farrington
Currently trying to wholesale a property with a tax lien of $120,000
17 May 2024 | 4 replies
However they are slow and they will do their research to determine valuesWhoever the taxing authority is, they will look at the value of the property in its current condition, then subtract foreclosure costs, marketing and closing costs to arrive at a net value to them.
Nathan Harden
City Code Inspectors
15 May 2024 | 22 replies
Again, I'm not local so I'm just taking every cost and push-back on progress at face value.It's $80 per door, per year, plus the one time inspection fee, which I was thinking was $180, but don't recall exactly right now.
Dan Thomas
Hitting snag with Gov't bureaucracy in permitting
14 May 2024 | 17 replies
This mistake has cost me a boat load of money.
Jorge Martínez
Should I remove tax deductibles (property tax, insurance etc) For cash flow?
17 May 2024 | 11 replies
Some people purchase a property for cost segregation/accelerated depreciation purposes to save on their taxes.
Jessica Taylor
Flipping / Funding
17 May 2024 | 9 replies
Even in the smaller markets, a life cycle of a deal can stretch out 6 months before the exit and that can cost 30k once all is said and done.I like to tell people 50k is a nice starting point capital wise.
Drew Sygit
Top 10 Biggest Midwest Cities: Which are Growing & Attractive for Investors?
17 May 2024 | 6 replies
I can barely get firms to look at columbus with 10x years of experience thats mostly for ground up. the average house cost is still less than 100k which means you have a lot of houses to tear down still to create a housing shortage. the economics don't make it favorable for any type of investing but turn key or maybe ground up in the urban core which works in any city. but compare any of these cities, I'll take Indianapolis, Chicago, Minneapolis, and columbus and Milwaukee and pass on the rest.
Rudolph Shepard Jr
Notice of condemnation
15 May 2024 | 0 replies
Having a small loan on the house I talked with my banker and was told that moving the house would not effect the loan as long as the house stayed in my name.
Ben Grubner
Working MINO Lending solutions in Detroit
17 May 2024 | 10 replies
Its unfortunate that your closing costs increased by $3,546 in order to fund your tax and insurance escrow accounts.
Ryan Earl
Selling our house - investors or realtors? (Please Help!!)
15 May 2024 | 35 replies
Both of our medical needs (and costs) have resulted in us needing to sell our house.