Koob Moua
Adding an additional room
Question for the pros. So I’m under contract for this property at 106k and has foundation issues and the property will probably appraise for 160-180k. But also the seller says that the house is a 5 bed and county tax ...
Account Closed
REALTOR REBATES or BUYER'S AGENT CREDIT
Realtor Rebates or Buyer’s Agent Credits
Realtor Rebates or Buyer’s Agent Credit can be a Massive Savings for Consumers! In addition to shopping for the best rate, terms and l...
Jim Doyle
Under Contract - Conditions on loan - What are my options??
I’m currently under contract for an off-market home that is being sold “as is.” I’m purchasing the home through an estate via the sister of my neighbor, her and I are in contact and she is considered a friend. The hom...
John T Lizzo
Chicago Property Taxes
Hey fellow Chicago investors,
I've seen a few forum questions about calculating/estimating Chicago property taxes so I thought I would offer some tools. I work for a commercial appraisal firm that does a lot of tax w...
Connor Smith
City Tax Assessment After Purchase
When buying a house for a price that is higher than the current assessed tax value would the city always raise the taxes up to match the new purchase price? I was wondering if this varies based on where you are buying...
Michael Lauther
What are the issues with this note.
We are trying to settle an estate: 3 siblings want to hold a note for a 4th .
Property is appraised at $360,000
3 siblings will hold a 270,000 5% interest only note with a 5 year 270k balloon.
Ta...
Carolina Mejia
First deal/BRRRR/Seller Financing?
House in my neighborhood is vacant, I found the contact info online and got a hold of someone. Conversation went as follows:I live in the neighborhood, saw your house and wanted to know what plans you have for it beca...
Kevin C.
1031 Exchange mortgage boot capitol gains tax hit calculation
Hello guys,Just wondering if anyone can help me out here. Just about to close on a property soon and was wondering what my tax hit will be under these circumstances on a sales of a Los Angeles multi family property.Or...
Duane Johnson
RUNNING THE NUMBERS
I'M TRYING TO FIND A FORM THAT ALLOWS ME TO DOCUMENT THE NUMBERS OF A PROPERTY, BEFORE MAKING A DECISION, AS TO WHETHER OR NOT IT'S A GOOD DEAL OR NOT. PLEASE HELP
Bhanu Kuna
Pennsylvania BRRRR markets
Hi everyone!
I've been doing a lot of market research on where I should build my long distance rental portfolio and have narrowed it down to the below list. In general there seems to be a good amount of cashflowing o...