All Forum Posts by: Fawaz Alkhaleefah

Eddie T. Multi family property in Toledo,, if I payed for water . Don't you think tenants might exceed their average?

Question guys, usually.. Who's responsible for paying utilities in section 8 program? Landlords or tenants?

Are section 8 properties profitable for landlords? Is there any risk for section 8 tenants? Cause im foreign investor and some friends recommended section 8 property for me . Please advise And thanks in advance.

John Underwood i see , so tax increase depending on the property price maybe. That's weird cause they even doubled the monthly rent .

John Underwood sorry I forgot to mention you in the previous post

Oh i see! Cause i have a friend bought an investment property last year for 95K$ , his property tax was around 1200$ per year, then he sold it to real estate company for the same price. Then a week later we saw an advertisement on the company website that his property is for sale and it cost 120000K$ !! And the property tax is also goes up to 2400K$! You know what I mean, its like everything goes double suddenly, we both were so shocked when we saw the advertisement . We know that he could rise the property price, but how could he rise the property tax.. Thats why i was wondering who's determine the property tax. And thanks for the reply.

Hi This might be awkward question but am new investor in the United States , and am wondering if someone decide to buy an investment property. Whos determine the property tax value? The country? Or IRS? And based on what? The property value? Or the area? Or the monthly rent? I really appreciate guys if someone help me with this info. Thanks in advance.

Engelo Rumora Adam A. I mean , what did the city council decided??

Engelo Rumora Adam A. d OMG! Did they approved this law already?? Or are they going to approve it soon? What did the city council said about this law??

Jim Moody Adam A. Thanks for the information guys , but how much does it cost to remove the lead of my investment property?