Hi,So, is there a formula to be used taking only rental income into consideration to determine the value of a property? I'm interested in a 12 unit complex that generates $93,600 annual gross income; taxes are $15,800...
So here are the details on a rental property I currently own. I bought a single-family home back in 2007 with a VA loan. I am currently renting it out for $950/month. My mortgage is $822 but I pay $950 just to pay ove...
Hello!
Q1
I know there are 2 types of sales when it comes to tax sales. redeemable and non-redeemable.On non-redeemable sales,can one purchase at an auction and claim deed free of liens. Do encomberances carry?
Q2
On ...
Hello, I bought my first flip recently using an LLC. When I sell 6 months from now, do I pay capital gains after I take out the rehab cost?
Very interesting read.... Live to know the thoughts if people in this forum, especially people from seattle, washington or anywhere in washington state actually.
I just copied and pasted the article....
Gov. Insl...
Hey Everyone,
I am looking to get into real estate investing and I'm trying to learn as much as possible when it comes to assessing a property. Id like some feedback on a deal I found.
I found a duplex near my h...
A deal fell on my lap to purchase a commercial warehouse. It was built in 2004 and also has office space in it. It’s 8,600 sqf and is two stories. They are asking $1,100,000. Currently only one tenant occupying about ...
My husband and I are stuck and don’t know what to do....need help! Here is our situation:When we got married, he moved into my home. We started renting his townhouse to his parents (I know...renting to family, not the...
Background:
My grandmother who is unfortunately needing full-time living care owns a three-family property and because she has the care now the state could take the property. My grandmother would want the asset to s...
Hi BP community. I'm looking for some advice on an offer for a buy and hold rental property that I am looking at. It is a single family house in a coastal community in NC. The backstory: I'm from NC but live on Vanco...