Hello,New to this experience and learning as I go. Looking to turn my residential property into my 1st rental property and trying to look at numbers to see if it makes sense. A book I’m reading mentions “taxes” should...
New guy here. Found this site from Bogleheads.org. Im 30, married w young kids. Bought some land in the country, planning on building and moving soon. I need to figure out if i sell or rent my current starter home...
I bought a property for 51K put 20% down and got a mortgage for 40.8K fixed 5.5% over 30 years. How much equity do I have in the property if any? The home appraised for 54K in December when I closed on it. Didn’t need...
I want to go 3rds on a property with my father. His interest is the tax incentive to rental property (tax shelter). My incentive is personal residence, & building capital to develop. I'm trying to figure out ho...
I'm sure a bunch of people might be asking the same question :)
Curious to see how the info get's spit out onto a pdf that can be sent to buyers...nice job
Based on our analysis we have come with a different number for year 10's "total profit if sold." Here are our numbersIf Total Value of home in year 10 is$1,275,376.64and remaining loan is$684,043.86Down payment$94,900...
What can I do if there are no comps to compare for my deal w/out using a Realtor? Can I use a neighborhood close by?
Can someone help me with financing? If I had a MH for sale for $8000 and charged 10% interest, how do you figure it? Surely its not just adding 10% to the total for $8800, is it? Is it compound interest?
Any help ...
Wondering if when you are bidding on a property to flip what type of consideration should you give to the current tax value and how much you are willing to pay? I know the 70% rule and then subtract rehab costs, but h...
I’ve been running some mock property assessments from Zillow. I’m not quite sure I’m creating the NOI correctly. What all should I include in the income side and the expense side of the equation? How does mortgage fit...