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Assessor's land value too high?
The county assessor's apportionment of land v. improvements seems a bit high to me. On the 4 houses I purchased this summer, the land values are 42%, 42%, 33%, and 22% of the total assessed value. For depreciatio...
Jared Sandler
A Pet Peeve regarding something simple!
Hey, y'all...hope you're having a great start to your day! Wanted to vent/shed some light on something that is so important but often times executed so poorly and that's communication. It's obviously a simple concept....
Matt Galosky
3 unit home north of baltimore
So this would be my first rental property. It is currently occupied and rented for $3175 the house is for sale at 325k. My mortgage would require 25% down and with closing costs rolled in my anticipated total cash to ...
Daniel Stegelman
What would you think I could sell my 8 unit apt. complex for in Muncie, IN
The apt. complex has unit has six 2 bed 1 baths and two 1 bed 1 baths. Total monthly revenue 5700/month for all units rented as LTRs. 25% percentile rent on Rent-o-meter. I just like getting my units rented ASAP. I h...
Jacob G.
mortgage originator license
If you get a mortgage originator license - could you originate loans without working for a brokerage? Anybody know ?
Steve S.
Evaluating a duplex in a college town
Should this be avoided due to the obvious liability issues?I have a line on a duplex for that rents for about $3,200 in gross rents. If i assume insurance runs about $3,000 / year and assume the 50% rule based on ...
Brandon E Barker
Calculating the ROI for a flip, as in Brandon Turner's excel file
Hello!After reading Brandon Turner's book on Rental Property Investing, I went to checkout his Investment Calculator spreadsheet. The ROI (row 59) is calculated before annualization as (profit)/(down payment) = B58/B3...
Dylan Smith
How Interest to Charge on Private Money Loan
I have an opportunity to provide a private loan for distressed property to be rehabbed and refin. I have never loaned money like this before and was unsure how to protect myself, and what interest to charge.Any advice...
Jim K.
The Christmas Duplex: Concerning the Former Owner
Have you ever met someone who has no clue how lucky he is? The kind of guy who might buy as a first property investment a duplex in Pennsylvania when he lives in North Carolina, decides to remote-manage it, populates ...
Mike C.
Lender Rules Re Mortgage-to-Income Ratio For Investors?
If lender's maximum desired ratio for borrower's mortgage payments to gross monthly income is 28%, how can a person with average income ever have a mortgage on more than one "average" property?Income from investment p...