So I have been thinking recently about the market recovery we have been seeing over the last few years. It seems like last year and this year the pre bubble 600-900K + market is recovering and the pre bubble 200-300 ...
When you buy a property, for a buy and hold strategy. What do you typical try to buy the property for? I've read several articles saying 80% of the market value. If I wanted to buy a property that's assessed at 250K a...
Hello everyone,I'm seeking opinions on the tax treatment of remodeling in certain situations. For example, let's pretend I purchase a house for $90K, misc rehab is $10K, so I'm "all-in" rent-ready at $100K and adverti...
I am looking at buying a duplex that is already rented but needs some cosmetic upgrades (exterior paint, gutters, lawn care). My question is that once I make the upgrades and the rentals are worth more per month, how ...
A broker sends me a constant stream of listings off of the NJ MLS system for the areas property I'm interested. Most are immediate discards, but occasionally one catches my eye. One did today.I did a quick calculati...
Hi folks,I'm trying to help locate an appropriate financial planning/analyst resource. Someone with experience analyzing and making recommendations re: existing investment property portfolio... and making adjustments/...
I picked up a property that is probably a better flip than a rental. But I plan to rent it. It will go on the market in December. It's a tough time of year to list a property, for rent or for sale. But was thinking...
Hi All, My name is Mary, I am looking for property to flip in Orange County,CA area. I have a few questions to ask and hopefully can get someone to help me! I am also a Real Estate agent. I have been loking in the MLS...
I got a text from our Google voice account. "Hi my name is ______ I have a duplex I'm looking to sell. It is located at _________. It is rented for 600x2. One tenant has been there 5 years other is on a fresh lease. I...
Good Morning All,I was hoping to get your feedback regarding how you look at repairs, make ready costs, and renovations.My challenge is I've seen the advice to budget for 5%-10% for repairs and maintenance. When a va...