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All Forum Posts by: Julie Greene

Julie Greene has started 4 posts and replied 61 times.

Post: City Tax Assessment After Purchase

Julie Greene
Pro Member
Posted
  • Real Estate Agent
  • Buffalo, NY
  • Posts 64
  • Votes 9

@Connor Smith 

Actually, I have a little more data.  I realized I could look up the double we sold almost exactly two years ago - it is still at the last assessed value that it was when we still owned it, not at the price we sold to the current owner.  Also checked out a family members address (that moved in 3 1/2 years ago) - still assessed at the old rate.  Again, this doesn't necessarily mean it'll take that long, but at least you have some info.....you might get 2+ years at the current assessment.....fingers crossed!

Post: City Tax Assessment After Purchase

Julie Greene
Pro Member
Posted
  • Real Estate Agent
  • Buffalo, NY
  • Posts 64
  • Votes 9

Hi @Connor Smith  - I have, as yet, limited experience, but the two times we purchased property, it seemed to take about two years for the assessment to catch up to the purchase price.  However, we're talking 7 and 12 years ago for my experiences (that will hopefully be changing if our 4-unit goes through next month).   I could be wrong, but my opinion is that with all of the activity going on in the Buffalo area in the last two years, I can't imagine the city would be getting any faster...I would guess the opposite...just my two-cents.

Post: Check Out Our Latest Finished Rehab!

Julie Greene
Pro Member
Posted
  • Real Estate Agent
  • Buffalo, NY
  • Posts 64
  • Votes 9

@Ibrahim Hughes Thanks for the info!!  Good luck - and let us know how it goes!

Post: Check Out Our Latest Finished Rehab!

Julie Greene
Pro Member
Posted
  • Real Estate Agent
  • Buffalo, NY
  • Posts 64
  • Votes 9

Looks great @Ibrahim Hughes !!  Like others, I am wondering about the flooring - it almost looks like the tile that's meant to be wood.  If it is, I'm wondering how you liked working with it - considering it for a FL project!

Post: Too old to start?

Julie Greene
Pro Member
Posted
  • Real Estate Agent
  • Buffalo, NY
  • Posts 64
  • Votes 9

@Tom Schmoetzer 

Sounds like you've gotten some great responses - I am here to pretty much ditto them all - you are not too late! I'm just about the same age, and trying to get back into REI now too - we have plenty of time to make it happen! Just keep your eyes and ears open, do as much reading on Bigger Pockets and listening to podcasts as you can, and dig in. Don't be afraid to ask questions - the wealth of information and experience that is available to you on Bigger Pockets is staggering!! Take advantage of it! Good luck!!!

Post: Duplex with solid cash flow

Julie Greene
Pro Member
Posted
  • Real Estate Agent
  • Buffalo, NY
  • Posts 64
  • Votes 9

Got it, Thanks -  I appreciate it!

Post: Duplex with solid cash flow

Julie Greene
Pro Member
Posted
  • Real Estate Agent
  • Buffalo, NY
  • Posts 64
  • Votes 9

@Jay Mitiguy  I would love a copy - I did just update my profile so that my email is now viewable but it is [email protected]  - thanks a bunch!

Post: Duplex with solid cash flow

Julie Greene
Pro Member
Posted
  • Real Estate Agent
  • Buffalo, NY
  • Posts 64
  • Votes 9

@Jay Mitiguy 

Congratulations on closing!  Sounds like a great property.  The financial calculators were fantastic too - might have to copy those.  Best of luck to you!

Post: First deal didn't go through.

Julie Greene
Pro Member
Posted
  • Real Estate Agent
  • Buffalo, NY
  • Posts 64
  • Votes 9

@Stephanie Terry , I feel your pain - we just went through this about four weeks ago as well.....but I think I am at the point that @Jean Bolger  talks about -- already glad that it didn't work out, and looking forward to other opportunities.  I unfortunately don't know much about your area, but it sounds like @Jon Holdman has some good advice.  Maybe the lease on your bar expiring in February is a chance for you to make that move to greener pastures!  Best of luck to you, and let us know what you end up doing!

Post: What if I'm scared to death? I will screw up and make a fool of myself?

Julie Greene
Pro Member
Posted
  • Real Estate Agent
  • Buffalo, NY
  • Posts 64
  • Votes 9

What a great post @Brian Gibbons  - thank you for sharing!!  Definitely hoping to find my "Glenn" - i am ready to roll (actually I guess right now, BP is my "Glenn")!!