How Do I Find Holding Fees/Taxes ?

How Do I Find Holding Fees/Taxes ?

Specialist · Somerset & New Brunswick, NJ · Member since 2016 · 215 posts · 10 votes

Hello I'm Ray i'm getting into Real Estate and im learning everything from myself and always asking questions and all that good stuff. So i ran into a question nobody has be able to answer for me and that's how do i find the holding fees for some properties ? Meaning how would i find the tax fees , round off the bills and all the holding fees so ill be able to put it in a report for my cash buyer since also i'll be flipping houses in my spare time so if anybody can answer this ANSWER SOON AS POSSIABLE PLEASE.

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  • Flipper/Rehabber · Newport News, VA · Member since 2016 · 38 posts · 9 votes
    10y

    The holding costs vary, depending on the type of financing. The taxes you should be able to find on your county tax assessor website. Then you would just add in the projected amount of utility costs and insurance. And HOA or condo fees, if applicable.

  • Specialist · Somerset & New Brunswick, NJ · Member since 2016 · 215 posts · 10 votes
    10y

    well Kevin , most of these deals are going to be cash buyers so loans I don't have to worry about. I'm making a report for the cash buyer as a flipper not rental. Thank you Kevin.

  • Flipper/Rehabber · Newport News, VA · Member since 2016 · 38 posts · 9 votes
    10y

    Okay, well understand that a lot of investors say "cash" in the means of ready and available. That can be hard money, private money, etc. And you're welcome! 

  • Specialist · Somerset & New Brunswick, NJ · Member since 2016 · 215 posts · 10 votes
    10y

    Also if possiable I was wondering what's some good way to find properties for the wholesale style flip to sell to a rehabbed or anything like that ?

  • Flipper/Rehabber · Newport News, VA · Member since 2016 · 38 posts · 9 votes
    10y

    Just to name a few.. you could do direct mail, craigslist, driving for dollars, social media, SEO, bandit signs.

  • Specialist · Somerset & New Brunswick, NJ · Member since 2016 · 215 posts · 10 votes
    10y

    Now with the direct mail? Does the websites provide a mailing list of its own or how would i fine a mailing list pdf of such ?

  • Wholesaler · Bloomfield, NJ · Member since 2016 · 104 posts · 16 votes
    10y
    Ray Agosto hey there are varies sites and ways to go about with Direct Mail Long story short Pick a target area Get zip codes Set your parameters And Mail consistently You can get list for Listsource,Usleadslist,Melissa data And just do a google search for people that provide mailings
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