We have an investment house in Houston (Spring City, Zipcode 77373). We used to have an escrow account to pay all taxes. The account is recently closed and we have to pay taxes ourselves. I noticed that there is a wat...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $80,000
Cash invested: $10,000
First Investment, house hacking, fixer upper, using as core investment to bui...
Hello,I have $35K cash, and I'm about to buy a condo in FL cash for $23K (30% below market). Cash flow after cost is $350.I also have about $40K available on a cash out refinance from one of my rentals. This will brin...
Hey everybody im 22 years old im from mobile alabama. Im trying to get my first pre approval for an investment house. Right now i have a good bit saved up and i make $700 a week minimum plus i have a cosigner with gre...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $180,000
Cash invested: $19,000
Contributors:
Stephen Schmitt
First investment house hack! f...
My name is Kevin, I am a 21 year old going into my senior year of college. Upon graduation, I hope to land a career in lending so I can fund my first real estate investment (house hack). Can anyone shine some light on...
Hi all,
I am considering buying a SFH in Jackson, but I have no information on taxes. How much tax is due (approximately) on a 60k house, in your opinion?Thank you in advance for your input.
So, my wife and I are currently buying a property and living it it for the remainder of the year and then buying another and renting out the first property. We plan to do this strategy for the next few years. We have ...
Hello all you real estate wizards!Question, please: When one buys a TurnKey property, can you wrap all the financing into the loan? Or partially? Does the TK provider like to see a certain amount down? I imagine the g...
So I bought an investment house (not my primary residence), and have been renovating it for over a year. My plan is to sell it this year, but I'm wondering how I calculate the amount of taxes owed upon sale, as it wi...