Hi allAlready emailed the Assessor’s Office but thought I would post here in case anyone has first hands experience.I’m considering adding on a second story to our house. I know that in CA only new improvements would ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $500,000
Cash invested: $30,000
Sale price: $660,000
2006 Built 4 bedroom, 3 bathroom. 5 acre property.
...
I’m going to be walking through a property this weekend and will have the current tenants present. What do you recommend as far as interacting with the tenants In this situation? Do you ask them questions or try and s...
Hello Bigger pocket colleagues,So I have a question about selling a primary residence. What are some of the specific taxes that would come out of selling a property, that is if one was to sell their home after paying ...
Hey guys, I'm looking at my first deal. Approximately 8000 square feet and 65 units. It's a class C property in the midwest. 2019 gross rents were $36,255 with profit being $23,302. Asking price is 300,000. I'd love t...
As we were looking through multi family homes we across houses that said "As-Is, No Repairs Needed." What does that mean? Maybe I'm a suspicious person who is reading something there like don't make repairs. Besides t...
I own a property undergoing development in Miami.
It's only approved to be a duplex, so 2 units. Yet there are 3 folio numbers for the property under the City files.
When I recently paid the property ta...
Have encountered difficulties in obtaining end loan financing for new buyers when the spread between acquisition cost and selling price is significant. We are able to do quick flips but are challanged by mortgage com...
I'm a college senior taking a fraud seminar class, and our final assignment is to write a research paper on a fraud topic of our choosing. Being interested in real estate, I chose housing and mortgage fraud. I've been...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Newark.
Purchase price: $189,000
Cash invested: $40,000
Looking to purchase. In discussion with realtor. Property needs wo...