Joe Daigle
Are Note Yields affected by the cost to maintain the note yearly?
Doesn't the cost of holding a note, change the yield that's projected? (i.e. monthly servicing costs etc.) And, if so, how do you remedy that?
Thanks for any advise.
Account Closed
Property Management Fees in Rochester, NY
Hi All - I am considering to invest in Rochester. In the process of analyzing deals, I reached out a property manager for his fees. He gave me the following fee schedule. Is this normal?
Type
Li...
Juan Pablo Murillo
Benefits of Not Forming an LLC
Hello BPers,This past 2018 I purchased two rental properties under my name. The earnings are under an LLC after filing a quitclaim deed. I'm curious if there are any tax benefits of not renting your properties under a...
Fernando Imperatori
Florida Sales Tax Payment
Hello, hope you are healthy and safe.
I'm very aware of section (s.) 212.02(12), Florida Statutes (F.S.) which states ALL money collected from a tenant in a Commercial Property is considered rent and as such it's sub...
Joel F.
Florida county held certificates
I found a property that has 4 years of county held certificates
2012 $249
2013 $350
2014 $423
2015 $367
If I purchase 2012 and force the property (non homestead) into tax deed auction do I have to pay all the certific...
Ciro LoCascio
After 7 Months offer finally accepted!! Question Now?
Hello Guys,
After a long 7 months my offer was finally accepted on a short sale. But after receiving the approval letter from the bank I have a question regarding the numbers below. My cash offer was $94k a...
Danny N.
Question/Advice About Taxable Income On $507k Cost Basis Condo
So I was just thinking about this tonight and will call my CPA tomorrow, but figured Id ask here for now. I have a rental condo currently thats worth $650-675k, I bought in foreclosure for $507k, 18 months ago. Anyway...
Alex Yaro
Turnkey fees
Hi, I am looking at properties in Memphis, TN and/or Middletown OH (based on recommendations of reputable Turnkey operators: MidSouthHomeBuyers and Missy McCall.My first question: are both operators as reputable as I...
Rafael Floresta
Help me figure out the BS charges on the closing costs my mortgage:
Here is a scan of my closing costs. I know a lot of those are legit, but the settlement charge seems really high, and also the survey. And the Document preparation fee, seems BS. I am already paying for real estate a...
Amit Patel
Buying first Multi-Family - LLC Help (NJ )
I want to buy a 3-family in an LLC but can only get mortgage on personal loan.
I am getting conflicting advice from RE Lawyer and accountants.
ANy advice would help, esp. if you did this in New Jersey
* Can i buy in ...