Hi BP, I am new to REI but hope to make my first investment soon. I am analysing properties in the Houston area, and I can't seem to understand how make a deal on a condo come out when I factor in HOA fees and proper...
Can anyone tell me if the assessment on each mobile home in the park on leased land is increased due to individual improvements etc, will this cause the assessment of the parks taxes(park owners) to increase?
Hi Everyone, I am a brand new 25 year old investor and I just purchased my first property on last Monday to flip. We began working on last Friday. Although I am extremely excited I am also extremely nervous. I've use...
I am starting out in wholesaling and I'm currently taking a real estate course just to have my license. Will the license stop me from making any deals if I'm not working for any brokers or companies? I went to a local...
Hi, have closing costs on VA 0% down home loans increased? I'm getting quoted $14,000 for a $325,000 home. Thanks!!
I just wanted to say Hi, I'm a new member and have been gobbling up all the info I can find on this site and going through the podcasts which are great btw. Currently I own 2 duplexes (4 units) for buy and hold and am...
I have 8 doors that are investments. I have children and a fulltime job. I would like to find tax strategies to reduce my taxable income. All houses right now are mortgaged through my name/social, but deeded over to r...
My question is, as you acquire a property you obtain a significant hit with closing costs. How do you roll that into your monthly, or annual breakdown for net profit?
Hi, I have 17 unit rentals and I have set up a S-corporation acting as property management company. The average property management fee in my area is 10% of the rent collected. How much should I pay to my corporation ...
1B1B 900 sq ft condo in Canton, MI
Asking price 145,000
Current tenant in place till June 2022
Monthy Rent $1,200
Seeking advice: If I offer $120,000 with 20% down wait till current tenant moves out in June 2022...