Walt B Philip
PITI projections vs real after tax income
I’m trying to calculate my expected real profit vs the basic formula and seeing income tax taking a hefty chunk out. Is this right? Can you please correct me where I’m wrong? Simple numbers for sake of conversation ...
Stephanie Anson
Newbie interested in aparment investing have several questions.
I'm looking to get into apartment investing. I went to my local REIA and started talking with people about how it is done. There is a guy there that puts deals together for investors. He helps to get a group of inv...
Meredith Witzel
[Calc Review] Help me analyze this deal
Hello All! So, before you look at this link, our question is really 2-fold. 1) Would you touch this property knowing that it's currently completely vacant and boarded up. (It's a 6-unit property. Each unit is a 2 ...
Account Closed
Out of State Lenders
How do most investors feel about working with lenders who work outside of their target market? Say if you are investing in a property in Texas and the lender is located in Virginia. Investors, what do you think about ...
Tanner McGrew
Capital Partnership: is it actually a syndication?
I currently have an LLC with a partner. I have found a couple deals that will require outside capital to make them work. (Our LLC would bring half, one other guy would bring half) Because of that we are looking to bri...
Eric Mcginn
Tax questions on LTR and title insurance settlement
Hello,
I’m dreading tax season because I’ve done pretty well this year. First question, is it too late to spend my money on repairs for this tax bill?Second question, do I have to pay taxes on a title insurance sett...
Arionna Russell
Thoughts On The Current Housing Market Boom?
The housing market is sizzling like a cracked egg on a Phoenix sidewalk in the middle of July, and home prices are high. How long do you think this will last, and what do you think is the best course of action? Some c...
Curt Smith
Tax advantage of selling as a rental vs a flip
We have an odd situation; We bought a property with the intent to rent it post rehab. We advertised it for rent. Got a renter but just at the last minute we agreed to owner finance a sale to the almost renter tu...
Alex T.
Buying with cash without refinancing issues
In real estate there are a couple things rookie investors notice pretty quickly:- Paying cash is more attractive to the seller and tends to get the deal closed sooner (which could translate into a discount or winning ...
James Cash
FHA Fourplex Financing - Never Occupied?
Hey all, quick question!Lenders and Agents, have you ever had a client who purchased a fourplex or multi-family property, that didn't owner occupy, for legitimate reasons, hypothetically, and have issues down the road...