I was just looking at a property and was amazed that the property taxes are so high!The house is on the MLS for $56,000 and the taxes are $6460 annually.Checking past tax amounts showed that in 2011 they were $14,498 ...
Hello fellow BiggerPocketeers!In an effort to provide the best answers to some of the most frequently asked questions, we've created an FAQ Forum so our most knowledgeable members can answer a frequent question thorou...
Hey everyone,I joined BP about 1 month ago and have been soaking in all the info I can. Watching webinars, became a PRO member, reading forums in my spare time and listening to podcasts during my drive time.Just wante...
Hi guys,So I recently became a landlord and I’m testing other ways to make money in real estate. I read up on wholesaling and wanted to try my hand at it. I bought a list of homes in the early stages of the foreclosur...
I am a rehabber dealing mostly with REO properties and I am having a miserable time finding deals. I am up here in New England (northern MA/southern NH) and for the past 6-8 months the prices on REO properties have i...
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
A reporter from a national newspaper that you've all definitely heard of reached out with some questions for me. She told me that she wanted to hear from some REAL investors, and I told her that I know just the place!...
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...