Mia Edgar
Tax on Capital Gains
I need some quick tax knowledge. I've currently accepted an offer of $760,000 on a property with a $655,000 loan. My real estate agent is getting 5% about $38k so I'd have $64,000 in capital gains. How much of tha...
Juan David Maldonado
Who determines Section 8 rent amount?
Who determines the rent amount for my unit if I want to rent it out for section 8. The local housing authority or myself? I understand section 8 pays 50% to 80% percent of the rent, and the tenant pays the rest. If I ...
Thomas Bass
STR Costs Not Including Mortgage Each Month (Sevier County TN)
Hi, I am trying to put togetger a performa for an STR. What are your monthly costs outside Mortgage, would love to see numbers. I want to make sure I am not forgetting anything. This STR will be in Sevier County TN so...
Michael Dunn
Appraiser saying house can not go FHA 203K .....
So I just " re-talked " with the appraiser that came out a week and a half ago, to do the appraisal on the property I am trying to purchase.When he came out, he said that there were certain issues with the house , an...
Erik Henneman
What’s an asset that grows 12% a year ?
I was listening to a podcast recently and they were talking about finding an asset that grows at least 12% a year. What type of assets could those be ?
Cliff Harrison
Rental Property #17 in South Kansas City
With #17 we are back to SFRs. This one is interesting (to me at least) and may end up being a very high return SFR. I bought it from a wholesaler - the seller was elderly, had already moved out, and in fact passed a...
Kay Kim
Condo rental analysis
HiI am a newbie investor who's trying buy his first investment property. I looked around SFR around my area and it's really hard to find one with more than 100 cash flow and 12% CoCROI. I have read several posts that ...
Dennis Maynard
What's your TOP Investment Destination and 3 Reasons Why!
I'm curious with all the shuffling and migration in this country, what are YOUR top destinations for investing and why. Considerations should include growth, taxes, rent income to unit price, and more. If you have a...
Anna Shaver
Financial Plan to $100K yr income
This is uncharted territory for me. Am I on the right track?Goal: Generate $100k a year net income from rental real estate.Background: Currently own a few SFH’s and a condo from early 90’sI have long term W2 income,...
Michael Fortier
Park owned homes vs Resident owned homes
I have been doing a lot of research into mobile homes and mobile home park investing lately. As I research I always see parks with a percentage of park owned homes. Is there a general thinking on which is better? I re...