Michael Faudoa
How to find property taxes
I am a new investor, and my agent sent me a duplex that shows some promise. I want to plug the numbers into the BP rental calculator, but I can't find the property tax. The listing is not public so I can't use realtor...
Trevor Baker
To Permit or not to Permit
When doing a home renovation in L.A. County, when is it required to get permits? We need to have some plumbing & electrical work done, and install new windows. Does it depend on the scope of the work? ...a perc...
Mark Tanner
Tax Question With Big Impact
How can we apply real estate losses from prior years to offset current year non-real estate income? I assume we need "real estate professional" status, but 90% of CPAs I have talked to (all with real estate clients) s...
Zane Abner
Self-Directed IRA
Good morning,I had a real estate investor friend, that is also new to real estate investing, mention that a self-directed 401k or IRA can be helpful for tax purposes. I am looking for assistance in finding correct/hel...
Terry Dunlap
Would You Buy for Cashflow Only?
The area: Sandusky, OH 44870.The local economy: tied to the seasonal fluctuations of Cedar Point, an amusement park. Most major blue-collar jobs have left leaving a primarily services-based economy around Cedar Point ...
Jeff V.
Buy and Hold Investor in DeRidder, Louisiana
Hello Everyone,About Myself:I have been interested in investing for a long time. Not just Real Estate investing but investing as a whole. I've dabbled in Commodities, FOREX, Stocks and Real Estate. Commodities - Ma...
Henry Van Eijk
How to afford down payments on investment properties
Hi,I am new here and learning but my question is how do people typically come up with a down payment. If you need 20% down for an investment property, that can be a lot of money. Do people typically use equity (HELOC)...
Jason Malabute
NOT GETTING RIPPED OF BY CONTRACTORS
One of my biggest fears is getting ripped off by contractors, them stealing my money, rehab cost exceeding budget . However, I realized to maximize my returns I need to consider distressed properties as an out of stat...
Meredith Mihm
Duplex interest rates
We're putting in an offer on a duplex in Winona, MN. Our normal lender just quoted us 4.9%, with 25% down on a 30 year. I'm hoping we can beat that! All help is appreciated!
Marina Wong
Special financing creates value
I am a first time investor in multi family. In the process of purchasing a multi family in Lowell, MA. The seller is financing at 15% down, 5% interest rate, 30 yrs amortization, 15 yr balloon payment. Due to this,...