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Hi, I'm working with a hedge fund that is buying properties that meet a certain criteria, I'm also working with a seller that has so many properties (30+) that meet that criteria. My seller though, prefers to work ...
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Does the property tax rate have a cap on annual increases in multifamilies?
How much is it?
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So there is an apartment building with about 25 units in it. I know the owner, she actually watched me grow up. She is getting too old to keep the building. So I presented to my significant other to possibly buy the ...
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Hey guys,
I'm obviously new here but I have a few questions. Any advice/guidance would be appreciated (even if it's simply "go read this site").
I'll go from easy to hard:
- Am I correct in assuming that I would fin...
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Say I buy an apartment building today with a 5 year note that amortizes over 30 years. I'm cash flow positive -- lets just say interest rate of 4% and a 7% cap on the building.
My real question is this - What if rate...
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Last year I bought a house on a corner lot one mile east of the Texas state capital building. An agent brought it to me before it was about to be listed. The seller was asking 250K so I wrote up an offer for that amou...
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Hey Everyone,
This week I came across two websites on building business credit line and using an authorized user. Not trying to promote any of their products but I need your opinions or have any of you heard this b...
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Whats up BP fam,I just got off the phone with a owner of a house I found while driving for dollars. She says she wants to sell but she is afraid of paying capital gains taxes because she was killed by them when sellin...
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I unfortunately have 7 acres of commercial land in Dayon OH. I received this in lieu of cash as part of a bankruptcy settlement.
I will start with the assumption that outside of giving this land away, I probably will...
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Hi everybody! i am a new to this site and into the the real estate game as well... This past year i had bought my first multi family house that was pretty much turn key so there is no equity in the house... I ended up...