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What ratio are you Baltimore investors using to prescreen deals in Baltimore city? In other Maryland counties I typically use the 1% rule and it turns out fine. But with the insane real estate tax rate in Baltimore ...
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Hey allHere's my and my brother's problem. We "share" 11 rentals. 5 in my name and 6 in his. We know it's 50-50, but the IRS doesn't agree. We have been looking at strategies to get this taken care of without taki...
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My mother-in-law owns a rental property in Portland, OR 97236. There is a vacent property directly behind her's. I looked up the county tax records to find that they have not been paid in 3 years, making the total amo...
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My fund recently purchased a house from Dekalb foreclosure auction. After we purchased the property, we received a fax from Dekalb county regarding on a $30k+ unpaid water bill that we are responsible for. We ran the ...
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Hello.I am filing Form 3115 to start depreciating (and to catch up on missed depreciation) a rental property that I have had in service since 2010. I assumed 2015 will be the year of change, since I am figuring this a...
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There is a house that was sold at a tax sale and I gave the couple a small loan so they could pay the taxes on the house and redeem it back, she claims that she did this but the man who bought it at a tax sale filed a...
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Hi All, I was doing some networking over the weekend with a person who made big in the Commercial real estate (retail) and he suggested me that, first advise I can give you is, don't deal with people/ rentals. Because...
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Hey everyone, Forgive me if this question doesn't make sense. I'm still very new to everything real estate. I am currently finishing up my real estate license procedure so I will be a licensed agent within the next tw...
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Hello everyone! I posted a few months ago that it's time to get started. So here I am with my first deal under contract. My realtor brought it to my attention when the seller approached him. We walked the property...
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I am working with a great architect on my first new development project (who I found on Bigger Pockets). We met with the city twice for 'preliminary plan check' and are now going through the formal plan check process....