Fellow Philly area investors! As promised from my last stats post (although it took me a while to find the time), below is an analysis of Philadelphia county multiunit/multifamily sales activity from 2004-2018. I an...
How do I figure out what would be the property tax after sales/closing for a property in Cleveland MSA? Looks like tax valuations reset to sale prices in some area, whereas in others it does not reset. Does it depend ...
Like many others, I was originally drawn to the thought of REI after watching too much HGTV, specifically Nicole Curtis' show Rehab Addict. This question is for the seasoned flippers out there...is there any place in ...
I have my September update of housing stats for Massachusetts closed sales. We have some trend reversals and some that just continue in the same direction. 🏠🏠🏠
I follow two sources of info 1. The Warren Group (www...
I know what ARV is, I just want to know how you evaluate deals.Some may strictly look at comps and place no value on upgrades others shoot from the hip. What ever your strategy I appreciate the feedback.
Hi. I am trying to figure out what happens when a property is listed for sale at a foreclosure auction, but the listed upset price is higher than FMV of the property. No one is going to bid above the upset price, so t...
Hi guys,I need help figuring this out before hitting the CPA office.House was bought in the 70s 80k, single, 200k renovation, market value 3.5 mil the house in California....how much capital gain taxes state and feder...
hi -- i've got a rental property I purchased this year -- I know for depreciation I have to pull out the land value -- is there any set way of doing that? can I just estimate about 20% of the purchase price?
Hello tax experts! I'm a buy & hold investor that is looking to get into some small remote flips or wholesaling. Flips in general seem to come with a very high tax burden, especially if you live in HCOL area with ...
Talked with an Investor FridayHe wants to sell a rehab and he is asking $240K with est repairs of $120K and an ARV of 450K. A search of sold props shows lower prices in the immediate area. Around $360 to $400K at the ...