Costin I.
Tenants and property tax increases
Our City Council just set tax rate for FY 2019 - According to a presentation from the city, at Round Rock’s median home value of $241,538, a homeowner would pay about $85 per month more in property taxes to the city u...
Karisa M.
Property Management Fees Included in CAM Charge
Commercial property management company charges 5% of monthly gross income as its fee, which includes CAM income. The tenant's lease is NNN and property management fees are considered a CAM charge. If the tenant is pay...
Ethan Teuscher
Hard Money Financing
Hey Everyone,I’d like to Find out more about hard money and how that operates. I’m want to start buying rental properties but don’t have very much capital. It’s seems Hard money is a great option. I’d love to hear any...
Linda Govan
Deal Structuring for a Mix Use building
Hello BP,I am looking at a deal in Illinois where it's an owner that has 3 commercial building with residential up top and commercial storefronts at the bottom of these buildings. I really would not be interested in ...
William Hall
Is there any way to get first dibs on a tax lien?
Recently I was notified of a potential opportunity in a nearby city by a friend who works for the city foreclosing on properties. The homeowner is 190k in arrears and the city foreclosed the day before yesterday. Cu...
Mariah Jeffery
Closing 12/31, tax headache?
I have a closing scheduled for 12/31, since the seller is one of the lucky few who will be impacted by the long-term capital gains tax increase for those making over $200K.
I think it will be a pain to close this day...
Alexander Reyes
Florida Housing Laws
I have a weird case to say the least. My parents owned a home in Florida. They’ve been the owners from 2000-2010 when we moved here. When they bought the house, my aunt signed and my parents co-signed because they did...
Corey Chonsky
Property taxes in Florida
My partners and I are looking to purchase a large multifamily property in Florida. I'm looking for assistance on how property taxes are assessed and calculated. I reached out to some county tax assessors and didn't ge...
Dan Krupa
To REFI or Not to REFI, that is the question....
Hi everyone, looking for some advice. I will be leaving a well paying W2 job in 10 months to pursue REI full time. We currently have a property with a mortgage of 2.75% at 15 years. We are currently losing approximat...
Adam McInnes
Joint Venture Going Wrong
I hope you are all well during the Covid Crisis. I have a question about a joint venture that is going wrong. In October of 2019 a wholesaler contact of mine brought me this deal. It is a Condo near downtown Calgary. ...