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Hi, Everyone,I just bought one condo and the condo's association has 16 units altogether and one properties management took care of everything. There are 3 board members. I would like to know the financials of the HOA...
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Hello, What would you do?I have a rural 1.5 acre lot that I divided into 3 lots about 9 years ago. Lot 1: 2000 3/2 Mobile Home: Monthly Rent $1000Lot 2: 2007 2/1 Mobile Home: Monthly Rent $875Lot 3: Vacant Lot: Month...
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Hi there!Scenario: My husband and I have been renting out or old primary residence in the Tacoma, WA area and plan to sell next spring if the market is as good as it currently is. Based on comparable sales, we should...
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I've been flipping, investing in real estate both residential and commercial for about the past four decades. Well actually 3 1/2 decades but who's counting?One question that constantly pops up is; "I have about $180,...
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Link to The LetterI want to send an offer to a house that I've seen. The DealBaltimore City townhouseAsking $50K 15K down owner financing10% (annual)Fully amortized over 5 yearsThe Offer$30K purchase price$10K down15%...
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Hi,
My wife she is a US citizen but she never lived in the US. All of her income generate out of state, but every year she also submit an annual report for the US as well.
A few months ago we opened for her a bank ...
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Newbie from Louisville, KYHi there. I'm 41 and my wife and I live in Louisville, Kentucky a rather hot RE market, where inventory is at 10+ year lows, and property # of sales are at all-time highs. This inflates the...
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For bookkeeping/ tax purposes: if you replace an A/C unit and hot water heater does it get categorized as a capital expenses or repair cost? I have been researching to ensure I log it correctly in our bookkeeping soft...
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I have several properties, a mix of multifamily and single family homes. 4 of the properties return 20% or better monthly cashflow on my down payment, but 1 of those is because it is paid off.
I have 3 sfh: ...
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I have a note that I'm looking to buy - the property is in rural Nevada, so not a desirable area. Current balance on the note is $980k, interest rate is 6%, payments are $10k/month, 9 years left on the note, balloon a...