Or do you just pay it when you file your taxes? I know for state excise tax escrow pays the state out of the proceeds. What about federal capital gains taxes?
I came across an off market property that owes 125k on loan, seller motivated, comps are $115k-$140k. It would not be a good wholesale deal seems like so I want to try a subject to deal for myself. I have never done t...
I'm an out of state investor living in Tacoma, WA. I own a property in Fayetteville, NC that I bought in January of 2021 and have never missed a payment on. When my PM visited the property this morning they found fore...
Hi All,
Nice looking forum, I have a feeling I'm going to learn a lot here. I'm learning as much as I can about rental properties and will be picking up my first property in the next 3 months. That being said, I do n...
What do you do when you are mananging your own properties and you are not available? If you have a accident, medical situation,or on vacation? I am currently managing my own properties. I have most things set up. Main...
So I saw the data below and am wondering, are americans fighting inflation with debt? Have incomes kept up with inflation? What will happen when the credit card companies and banks tighten their lending standards?Do y...
Hello All! I'm a newbie to real estate investing and was wondering if anyone has used dohardmoney.com for hard money lending? They require you to put 3k of your money up front and they finance 100% of purchase price &...
Hi everyone,
I wanted to share my experience with Rent to Retirement (RTR) and ask for advice on what I should do next. I hope my story helps others avoid the headaches I've encountered.
I was referred to RTR back i...
I am interested in starting a property management company, mainly for our own rentals but have recently thought "well if I'm going to do it for myself, why not do it for other people too?" I actually really enjoy prop...
We have 2 loans that got sold to shellpoint mortgage and have two issues that THEY CAUSED and it is going to cost us BIG TIME. Please read because we feel absolutely helpless. Should we hire a lawyer? Is there some...