Hello everyone,I am new to the forum here and would like to hear some suggestions on the best vehicles for residual income. I have been a house flipper however, the having to reinvent myself and start over with each d...
There are countless amounts of "Real Estate Rules" that newer investors adopt. I've heard of the 70% rule (purchase+rehab/ARVx100), the 1% rule (monthly rent/all in cost) , the 10% Cap rule, the 30% ROI, the "would m...
Anyone going through a refinance recently for their BRRRR and starting to see appraisers discount prices from what they were prior to COVID even though sellers have not yet dropped prices in your market? What has you...
Does anyone have a time hack on how long it takes for an attorney to quiet a title from a county tax sale? I don't want to purchase a property and have to sit on it for an eternity before I'm able to put financing on...
I'm working on a Refinancing a duplex right now, and my loan officer asked what interest rate I wanted? After asking what he meant, he proceeded to tell me that the more I payed the lower my interest rate would be. Ho...
This is about the assessed values of houses in Indianapolis or Marion County, IN for tax purposes. 1. When do reassessments take place? Can you request a reassessment and if so what is the cost?2. What is the reasses...
Thought I would start a thread to see how different people define risk and take it into consideration.When I was in Grad School one of the finance advisors, who also manage money for other people, defined risk as "The...
Good morning all! Looking for thoughts on holding SFH rentals in SW MI vs NW IN. MI seems to have higher property tax and less landlord friendly laws, is property insurance higher as well? Are there other factors that...
I am selling a property with seller financing. I don't know how to estimate what this might be worth to sell as a note in a couple of years if the payments are made on time. Here are the details:Original loan: $28,000...