A Funny Way to Remember When Property Taxes are Due

Private Money Blog | Private Money Loans | Private Money Lenders in California

There are simple things in life that you just never forget. Like tying your shoes and riding a bike.

Then there are those very important things that you should not forget. Like paying your mortgage and property taxes.

Let’s face it and be real with ourselves. Taxes are an ongoing responsibility of real estate ownership and it doesn’t matter whether you have a mortgage loan on your property or you own it free and clear. As the famous Benjamin Franklin so gently put it, taxes are one of those things we simply cannot avoid.

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The Rules of Real Estate and Lending Have ChangedMajor banks shut their doors. Property values plummeted. Families were faced with the reality of bankruptcies, short sales, and foreclosures. As you know, the past five years have been challenging for many families. If you have tried to apply for a mortgage loan through a bank or

How to Buy an Investment Property Based on ARV: After-Repair Value

Todd Wilson explains how real estate investors are able to acquire (purchase) a property and finance the costs of the rehab based on the after-repair value. (ARV) This is for short-term real estate deals where the investor will fix up the property and flip it for a quick sale and profit. More From Private Money

Sonoma County Home Values for May 2014

Market Stats - May 2014

Median Home Prices for May 2014 (Single Family Homes)

According to the Bay Area Real Estate Information Services, the median home prices for single family homes in Sonoma County increased to $484,500 for the month of May.

That’s a 14.9% increase in prices from May of 2013!  You can see the breakdown by city below.

Funded: $60,000 Private Money Loan in Santa Rosa, CA (Sonoma County)

Santa Rosa, CA – Sonoma County Loan Summary: 1.84 Acre lot in Northeast Santa Rosa $60,000 Loan Amount (1st Mortgage) 50% Loan-to-Value Vacant lot – Investment purpose The Funded Loans series is designed to give you a better idea of actual transactions we have recently closed. We hope the examples of different loan scenarios will

Pros & Cons of ‘Buy & Hold’ Real Estate Investing [Infographic]

Real estate investing can take many forms. Some investors Flip, some wholesale, and others hold the properties for long-term cash flow and equity growth. This infographic from www.tablup.com shows a quick comparison in the Pros and Cons for the Buy and Hold investment strategy. Enjoy!  More From Private Money Blog… Want to learn more about

Funded: $455,000 Private Money Loan in Sebastopol, CA (Sonoma County)

Sebastopol, CA – Sonoma County Loan Summary: Single Family Home with Granny Unit on Half Acre 1,869 Square Feet, 3 Bedroom, 2 Bathroom 848 Square Foot Granny Unit $455,000 Loan Amount 65% Loan-to-Value Non-Owner Occupied (Investment) The Funded Loans series is designed to give you a better idea of actual transactions we have recently closed.