Hey BP just just got a 2021 Notice of Assessment for a property I closed on in Nov 2020. The city states that taxable value went from $23126 to $40100. Taxes are now increased by an additional $1585 a year ($132/month...
I went to see a house today that I plan on wholesale, the guy has his friend renovating the place (its not occupied) -The guy thats renovating says estimates are about $10k remaining repairs-The homeowner says he owns...
Hello everybody. I am considering putting an offer in on a HUD home in the Houston area. It's a 4 bedroom 2 bath, about 2500 square feet with a pool and spa. Really nice home. It's been inspected by HUD and everything...
Hi all,As usual thanks so much for the continued support.I have a deal under contract. Typically I rehab properties, working for a large volume company and manage the rehab systems.The latest deal I have doesn't work ...
I am interested in a property at Auction.com. It opened up for Bid today and i went ahead and put in for their minimum bid. I noticed that right away, the system countered bidded against me and raised the price. I gue...
In Los Angeles you can now sell or buy an ADU. Anyone have any knowledge or experience with this? What are some of the potential pros and cons of a homeowner selling their ADU? https://leginfo.legislature.ca.gov/face...
Hello fellow BP'ers! I was researching the Holton Wise Property Group in Cleveland, to possibly invest in a turnkey property. I live out of state. Has anyone had any experience with this group? Or do you know of an...
Hello! newbie here, what a great forum with lots of info!
So long story short, I've been looking into buying a rental property.
Found a property that looked promising but nowhere near 50/2 rule.
Not really showing muc...
I realize Houston is a huge market, but what are some % of value ranges that fellow investors are seeing for rental properties? I'm trying not to go by a hard and fast 1% or 2% rule as it really depends on running the...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $760,000
Cash invested: $210,000
I purchased a 4 unit mixed use property. This property features a 3bed unit...