40 yrs old and currently own about $2M in single family investments which generate about $144K/yr. gross. Have aggressive 15 yr. mortgages on them with about $600K paper equity. Most of these loans are fresh so no e...
Hello,I was having a gala time back in late 2021 when I managed to refinance to a lower 2.5 interest rate on my OO MF fast forward one year to 2022 my property tax suddenly increased by over $4000 (from $11000 to $150...
I recently had an offer approved on my first potential B&H but the taxes are high for the area (one reason I was attracted to this area was the lower taxes) The numbers still make sense with he high taxes but they...
What are your opinions about buying rental property in a flooding zone? I rented in one area and it survived through Harvey - the street was flooded but the water never made it to the garage. However, the area is in a...
Looking for opinions on what people think is going to happen to real estate prices next year in Los Angeles. It seems like Single family homes are flying right now and condos not so much. Everyone wants more space and...
Hi all, finally bought my first multi-family, Yay! I believe I have a good case to have my taxes lowered. Property is in Bergen County, NJ. I was referred to an appraiser who will take care the whole process. His f...
Condo Rental Deal Analysis
Purchase price $54,000
Location Broward County, Fl.
Type property Condo
Beds ...
Looking to build a future financial cushion that keeps us in the lowest taxable income brackets possibleGetting to the point where we may have additional funds to invest. Then there are investment properties which we ...
Hi All!I currently have a rental property in Los Angeles, CA. The single family house is currently being rented for approximately 4800. I want to convert the garage into a granny flat with a 1bedroom/1 bathroom and ki...
Found a potential deal today
Before I get chewed up and spit out, I'm just putting this out there, I'm a Cherry when it comes to investing. That's why I'm asking for lessons learned, and for thoughts that haven't co...