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I'd love to hear others' approach to accounting for property taxes and insurance. I have about two years experience managing my two triplexes with separate loans for each property. Currently my T&I are escrowed wi...
I am looking at a foreclosure property listed at 50k and assessed around 85k. I requested a quote from an agent and he came back at almost 1, 000 / yr. This seemed high to me. Quote was from Northstar.
The agent sai...
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Hey folks, I'm about to make my first purchase and I've got some questions about the costs being passed on to the buyer. On a property that will cost about $90K, I'm being told to expect about $6K in closing costs. Th...
Would anyone know if there's a list of items that can be included for assessing your net worth for becoming an accredited investor, SPECIFICALLY how life insurance policies, pension funds, might be handled, if at all?...
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So I have 190 K to purchase a rental property. I need to find a place in the US that can give me at least $2000 in rent so that I can pay for the loan. Any suggestions?
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So i'm 24, currently looking to purchase my first rental property - a SFH 3br, 1-2bathrooms, sub 200K, but i've been hesitant to purchase because i don't yet trust myself, and a bit of fear, since obviously it's my fi...
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What do you think of this hypothetical deal. Would it be good?
Purchase price $46,000
Down Pymt: 4,600
Mortgage: $41,400
Principal/Interest payment: $275 (30 yrs at 7%)
Gross Rent: $600
Operating Expense: $300...
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There are two parcels I want to bid on for at a tax deed sale, but there is a major issue. In the past few years all of our title companies in Hawaii have changed their policies where they will not issue any policies ...
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Quick question for the masses. What is the best way to go about getting a reliable valuation on a mobile home?Since mobile homes are personal property (i.e. automobile) the sales records are not as readily available ...
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I have a property I purchased outright and I am going to resell(without making repairs), and it is held in my LLC. Does any BP member here have some input as to the best type of policy to get, and any Insurance provi...