Hello, My property is in Laguna Niguel CA. I purchased a 3 bdrm condo for $365,000 in Dec 2009 with 20% down. I now have a 4% loan but pay $280 in HOA fees monthly. I did about $16,000 in improvements - paint, carpet,...
I'm interested in buying an investment property in California, largely due to the advantages of prop 13. As I understand it, it caps property tax raises to 2% per year, which is hugely beneficial in areas that appreci...
I am strongly considering to invest in the US for buy and hold properties with good cash flowing possibilities, and potential growth. Which markets should I research? Are there laws that I should be aware of as a fore...
Alright. Grab yourself a fresh cup of coffee for this one. In this post, I tried to give the necessary info while trying to make everything as simple as possible, but this is longer than your average post. Read til th...
I've done quite bit of reading on real estate investing, listened to a lot of the great BiggerPockets podcasts and am very familiar with CRE (as I pro forma the financials from the end user standpoint). That said, I'm...
Hi all,
I'm looking to refinance and I just want to understand the Closing Costs and Cash to Close details. The estimate of the Closing Costs and Cash to Close are wildly different in the Closing Disclosure that I'm ...
Hello, I’m new to the real estate investment world and I’m looking to do fix and flips and have been doing a lot of research and studying. I have a question and this might sound dumb but when do you take profits for y...
Looking for advice.
I found a small multifamily for sale and the tax assessed value is $120k less than the asking price. Rents are slightly below market and has long term tenants in place.
At the full asking pr...
With a Biden Presidency, taxes on on everyone making $400K a year are going up. There is speculation that the "only" 20 percent capital gains tax will go up, and in fact, for folks making $400K a year, capital gains ...
Hi there everyone!
Do mortgages with escrow built in just increase randomly? Is it due to increased taxes?
My wife and I had our mortgage increase by quite a bit this month, due to unanticipated escrow increases. I ...