Katie Noeller
Fed Tax Lien subject-to
27 March 2020 | 2 replies
I got my first deal and super excited however there are several obstacles in my way besides the virus that is locking down all of the government buildings as well as nonessential services within my city, and prohibiting me from filing paperwork on record.
Paul Shepherd
Need Advice - My tenants won't leave and I don't know what to do.
30 March 2020 | 5 replies
He says they have no prior evictions or criminal record.
Garret Coffman
Help Analyze Deal Pittsburgh PA Greenfield Area
29 March 2020 | 3 replies
This is what I see:- Debt Service @6% estimated rate on $311k = $1865- Property tax (based on Zillow’s records and I round up) = $400 per month (PS - If you get spot reassessed by the county based on your purchase price, this amount might raise to $500-600.)- Insurance (again just guessing, get a quote): $150- Management Fee @10% average = $390These are your fixed expenses.
Lauren Garritano
How do you start your own subdivision?
27 March 2020 | 0 replies
I couldn't seem to find it anywhere online when looking at county records.2.
Bob Carla
permit for finishing rough-in / recording space by county
27 March 2020 | 0 replies
In addition, my goal is to have both bathroom and bedrooms recorded by the county, so that if I ever sell, I can legally advertise the extra bedroom and bath.
Aiyman Khan
Reimbursing a non employee
28 March 2020 | 1 reply
It goes on my books as 'materials' and the record shows what was purchased, where, to which project, and the Payee will be the worker.
Garret Coffman
Did I Analyze Correctly?
28 March 2020 | 9 replies
RENT ROLL is $32,650x-5% vacancy = $31,017....But look at the due dates they are old so this rent roll is not current.Again look at the offering memorandum: The actual Annual Operating expenses are $147,872/12 = $12,323.Closing costs As a broad rule of thumb closing costs usually range from 2-5% of the purchase price and include things such as loan fees, discounted points, appraisal fees, title searches, title insurance, surveys, taxes, deed recording fees, credit report, etc I calculated it at 1%.
Jonathan Lane
Newbies finding investment mentors
27 March 2020 | 3 replies
Here's my quick brainstormHow I would find a mentor:1)Attending a local real estate clubs2)Attend real estate investment focused educational classes (not get rich quick road shows)3) Look up and research real estate records, news articles etc. of local real estate investors4) Work for a real estate office/broker/agent who invests or works with investors5) Join & volunteer at social service organizations, charities etc that known investors in the area belong.
Omar T Sharaf
Making my Residence into rental property
28 March 2020 | 5 replies
This is a great idea if the math works, make sure to record dates and when it transitions from your residence to a rental for tax purposes.
Robin Cornacchio
Is now a good time tp purchase investment property in Panama City
11 May 2020 | 9 replies
Vacation homes and vacations won't be a priority during this time of record unemployment.