All Forum Posts by: Arn Cenedella

@Hannah Vohs

Nice summary.

Local market knowledge really matters. 

Many of the key factors can vary block by block within a city. 

@Karthik Natarajan

Props to you for doing your due diligence.

In many areas, assessment amounts are adjusted upon sale of the property so it is NOT unusual and in fact it is quite common for property taxes to increase significantly for a new buyer.

Absent any other data, I’d trust the calculator.

You could also call the County Tax Collector or Asssesor to verify the information.

Good luck.

Arn

@Account Closed

Thank you. 

Wholesaling is a great way to get started in REI. Not much capital is required just lots of Hustle.

Good luck!

@Jay Hinrichs

Yep CA ex pats find joy and happiness in the Carolinas. 

Who knew?
We love Charleston too. When Laura had a 3 month sabbatical from Intel in Santa Clara she rented a carriage house down on Haskins right there in the heart of historic Charleston. 

Ping me if you come to Greenville again, happy to get together for some food and drink. 

Arn

@Michael Blank

45 year real estate broker and investor. 
Moved to MF in 2020. 
As a GP, I am involved in 1100 units $140M AUM. 

Have done deals with Brian Briscoe and Eric Shirley who went thru your program. 

Located in Greenville SC. 

I’ve been on Best Ever podcast twice and Syndication Show three times. 

I’d be honored to be a guest on your show. 

@Chris Seveney

Good point. Often the money is the investor relations person who communicates with investors  

On the Spark team I’m the deal finder and communicator. Brian is the operator. Dan in the Analyst. And we all raise capital. 

@Evan Polaski

I agree the Operator is the most important piece. 
Thankfully my partner is an excellent operator. 
I didn't do any syndication deals until he agreed to come on board. It took me over a year to convince him to do MF as he was an SFR guy. Now he loves MF. 😀

@Anthony Chara


I am not a member of UCREIA but have presented to the group before at one of their meetings. I think you teach there too. Is that right?

Arn

@Nathan H.

Got it. 

I’m just suggesting getting tax advice from randoms on BP presents potential issues. 

I would not go online to get medical or legal advice from randoms. 

How does one determine whether the info provided by randoms is accurate?

Lots of misinformation appears on BP. 

@Nathan H.

Please don’t be penny wise and pound foolish.

Hire a tax professional.

The cost will be tax deductible. 😀