Noir Klaus
How to calculate mortgage/interest/property tax for rental property?
14 March 2024 | 2 replies
In this case, your price per square foot would be $167, and you could estimate the value of each property using this formula.You can then make adjustments up and down, such as if you have a pool in the primary, or if one house has no garage, or sit on a relatively bigger lot . . .
Rahul Gupta
Tax lien Certificate to Tax Deed steps
15 March 2024 | 1 reply
If during the next 2.5 years, the owner redeems the property i get the money + interest back, but lets say they do not redeem the property. 3) Within the last 6 -3 months of the expiration of the redemption period, I will file a petition at the circuit court for the tax deed 4) At the same time, after filing the petition for deed, I will need to send "Notice of Expiration of period of Redemption" Take Notice to the county so they can mail it to the home owners and any interested parties informing them to redeem asap. 5) I will subtax early the following taxes as soon as they are generated by the county. 6) Inform the property owner in three ways, certified mail from the Circuit Court Clerk, being personally served by, the Sheriff’s office; and notice being published in a local newspaper. 7)If the taxes are not paid and the last date to redeem passes, the tax buyer can apply to the Circuit Court for an Order directing the County Clerk’s office to issue a tax deed to the tax buyer.
Logan M.
Making Changes via HUD for Manufactured Homes?
14 March 2024 | 2 replies
Instead of implementing a first right of refusal, there should be an option to buy their homes from them at a fair market value/paying to move their homes elsewhere or give them the first right.This is the real issue, we are not protecting tenants by solely giving them the first right of purchase.
Mary Winter
HELP: How to Evict These Tenants
15 March 2024 | 17 replies
Plus, the safety issue with the kids leaning on those windows?
Phoebe Hodges-Carter
Requiring Renters to Secure Renters Insurance
16 March 2024 | 21 replies
I have done a lot of research on this issue and the bottom line is yes, you can require that your tenants have renters insurance.
Laura Weiszer
Inheriting Tenants - to keep or vacate??
13 March 2024 | 1 reply
I'm relatively new to this; I own one duplex which was empty and needed renovating when I bought it, and I'm looking at a 4 unit property with 2 of the 4 units currently rented.
Willie Holdman
Self Directed Roth IRA for real estate investment
14 March 2024 | 13 replies
Regarding using funds from your LLC property business, you'll need to consult with a tax advisor to understand the implications and any potential issues with this approach.
Darian Richardson
80% DSCR LOan for SFR
15 March 2024 | 17 replies
Many of my deals are flippers who struggled to sell and then decide to hold and refinance, and I've never had a lender have an issue with it being on the market recently.I do have one lender that if it were listed for sale in the last 6 months, the list price is the max value they'd go off of.
Pamela Holmes
Alabama Tax Deed Property
15 March 2024 | 117 replies
Can they fight a void sale even after the deed is issued after 3 years?
Sarah Miksa
To House Hack Now or Buy More?
15 March 2024 | 16 replies
I'd evaluate how much rent I could get for the 2 bedroom/2 bath by renting each room to 2 individuals (not related) after I move out.