When viewing property tax history on Zillow, I frequently see these huge jumps in property taxes from year to year, sometimes 100% increases (see attached example). Sometimes these are rehabbed houses, but many times ...
I am trying to get my head around this. My condo in SoCal is free and clear and worth around 500K. My current monthly Cash Flow is $1338 per month and I do no expect to encounter any vacancies or expenses. If I were t...
Hi BP I hope everyone is having a good day and a better week!
I am brand new to all of this and am a little overwhelmed by what the Real Estate world has to offer so I am hoping some seasoned investors are ...
Hello fellow investors,I am a new member to this community and have spent the past 8 months soaking in the fantastic advice from the educational material and lurking user posts.My experience is limited to living in an...
Hi everyone,I am a total newbie. I just started learning about real estate and I must say I am intrigued, excited and scared all at the same time! I have been working at my current job for 16 years and I come to reali...
My Wife and I purchased a 4+ acre property with a 1930’s 3 bedroom, 1 bathroom, 1200 square foot house and a large wooden workshop. The house is in pretty rough shape and we are trying to determine if it is worth reh...
Hi I recently graduated from eastern Michigan and always wanted to get into real estate but didn’t have the time because of football. I was wondering if any one can teach me how to get started I have read books and be...
I've done one 1031 exchange about 20 years ago and used an intermediary. The whole process was completed within about 40 days including identification and closing. That's the very limited extent of my knowledge.What ...
Hi everyone,
My friend and I bought an apartment building in 2018, and it turned out to be located in an opportunity zone. Are we qualified for the tax benefits for Opportunity Zone, for example the step-up in basis ...
Investment Info:
Single-family residence buy & hold investment in Fitchburg.
Purchase price: $98,000
Cash invested: $1,500
Sale price: $141,000
2 bed, 1.5 bath condo built in 2004. Purchase ...