good day
This message is sort of a hybrid "introduce / newbie" question so I hope I've put it in the correct place. I'm 43, I've been dreaming about investing in real estate for years, but with a recent in...
Need Duplex- asking price $169,900- thinking of offering $159-161KRents: $850 & $750 ($1600) both should be raised to $900Taxes: $1144Down Payment: 30%Below is the report I ran with a purchase price of $159500. T...
Hi, I have been browsing some properties, and the more I drift towards downtown big cities like Boston or Manhattan, I see these 8 to 16 unit complexes priced at ridiculous prices (understandable because of location) ...
Hello Everyone!I am a buy-and-hold investor in Atlanta, GA. I have been focusing on single family rentals but I am looking for my first apartment. I have a potential candidate that I would run by you. Any feedback wou...
can someone please explain to me how the refinance part works? So when you find a bank to refinance your original loan, how will you pay back your new loan? That part makes no sense to me. Please can someone explain t...
My partner and I started a LLC in January 2023 with the intent to purchase an investment rental property. But 2023 interest rates soared and we couldn't find a deal that worked. In the process, we did incur expenses...
Hi! First off, please forgive me for my level of tax ignorance. That's what BP is for :-).If I am netting $500/month, what taxes am I paying? I know this is probably basic tax knowledge, but still trying to learn mo...
Hi everyone,When I buy, let's say, a land of 1000 dollars, how much plus do I have to pay? A broker said, "You will pay pro-rated taxes title recording fees and a $395 broker compliance fee" Is this true? According t...
Looking for some advice on how best to use my cash. I'm a new investor, but I own two duplexes in Indianapolis (my first two properties). When I purchased them, both sides were occupied. At the turn, all of the uni...
I had lunch with a customer yesterday, who, with no prompt from myself, began telling me about all of the homes he had owned. The last one, he put up for rent the last year they owned it. His comment was "they really ...