Archive for May, 2009



What would be good conditions when looking for an investment property?

Friday 29 May 2009 @ 7:32 pm
property
Brian G asked:

I want to start off with a four unit apartment building and use that as leverage to attain more properties. What statistics should I look for that will shoot out a red flag of interest to make them the most appealing, cap rate, operating expenses, taxes, etc…? I want to have a local real estate management company look after it since they are more experienced in managing properties than I am. I know this will decrease the amount of cash flow the property will produce but at least I know the property is managed properly.




How long do you think the property market will be on the upward swing?

Sunday 17 May 2009 @ 5:00 am
property
snowbird552002 asked:

Since almost a year Vancouver property prices have really gone up up up! What are the views of those who know Vancouver property market well?




What forms do i need to get property transfered to my name?

Friday 15 May 2009 @ 5:42 pm
property
Jim K Austin Texas asked:

I recently divorced and we have split property and since the divorce my ex wants to have one of the properties signed back over to me. I live in Travis county Texas and i was wondering what forms need to be filled out and filed. The current deeds have both of our names on them but the divorce decree says property A is his and property B is hers, she wants me to have property B back and we want to get my name only on the deed.




How to acquire inexpensive property in the uk?

Thursday 14 May 2009 @ 4:46 pm
property
Chris–DatsMe asked:

hi,

planning on going into property development. has anyone got any ideas/ tips of how to acquire property’s that have the potential to sell for the top listed price on the road but up for perhaps 40% less than that, that may be in need of modernisation only.

thanx!




I have unpaid property taxes since 2005 and im about to give back the property. who pays the taxes?

Wednesday 13 May 2009 @ 11:08 pm
property
Rita C asked:

I bought my house in 2005 and haven’t paid my property taxes since. Im getting ready to return the property to the bank because i cant afford my payment, so i was wondering if im gonna have to pay back all the property taxes i owe? i am not in pre forclosure or foreclosure yet.
Also how does returning the property and foreclosure affect my credit record and for how long?




What state has the lowest property taxes?

Saturday 9 May 2009 @ 3:41 am
property
James M asked:

After 20 years in the Military moving from state to state and country to country and after working overseas as a civilian for the last 10 years were ready to settle down and retire. We are now looking for a state to retire to that has low property taxes, not too cold of a climate, reasonably price homes, low crime and a city no larger than 500,000 people. We do not have any kids in school so the school system is not important to us. We lived in Texas and the property taxes are high, also lived in Georgia where the property taxes are not to bad. If we had a $250,000 home in your area what would the property taxes be?




Can a truck purchased for management of my investment property be considered tax deductible?

Wednesday 6 May 2009 @ 3:22 pm
property
Vic Ric asked:

I am purchasing my first invesment property and I will need a truck for better providing maintenance to my property and future properties. Can any of the money used to purchase the truck, as well as gas, mileage or similar truck expenses be deductible?




How do you negotiate with a bank owned property?

Wednesday 6 May 2009 @ 2:27 pm
property
Mike T asked:

I’m interested in buying a bank owned, forecloser property. A real estate company is asking 199,900 for 2 bed, 1 bath property that has sat on the market for almost a year. How would I negotiate with such a property?