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All Forum Posts by: Karthik Natarajan

Karthik Natarajan has started 8 posts and replied 15 times.

Post: Looking for Insurance agent

Karthik NatarajanPosted
  • Investor
  • Fremont, CA
  • Posts 15
  • Votes 12

Looking for an insurance agent for my property in Columbus GA

Post: Multi Unit Property Tax Estimation

Karthik NatarajanPosted
  • Investor
  • Fremont, CA
  • Posts 15
  • Votes 12

Am looking to buy a multi unit property in Columbus, OH and trying to estimate what the property tax would be.

I checked in the Franklin county assessor website and was able to find the property tax estimator. (https://audr-apps.franklincountyohio.gov/Calc/TaxEstimate) Based on that estimator, with the current purchase price the property tax would be ~2.5x of what is currently being paid.

This would completely kill the deal for me. Are the number from the estimator accurate or is there a better way to find out the the correct number. Any other strategies to handle this situation?

Post: Property tax estimation

Karthik NatarajanPosted
  • Investor
  • Fremont, CA
  • Posts 15
  • Votes 12

Thanks for the response @Mitch Messer

Looks like i messed up the city.. am looking at Columbus OH and not the city in GA. Not able to edit this post. will duplicate a new one with the right city.

Post: Property tax estimation

Karthik NatarajanPosted
  • Investor
  • Fremont, CA
  • Posts 15
  • Votes 12

Am looking to buy a multi unit property in Columbus and trying to estimate what the property tax would be.

I checked in the Franklin county assessor website and was able to find a property tax estimator. Based on that estimator, with the current purchase price the property tax would be 3x of what is currently being paid. 

This would completely kill the deal for me. Is the number from the estimator accurate or is there a better way to find out the the correct number. Also will the reassessment happen next year ? Any other strategies to handle this situation?


Post: Rental property Insurance agent

Karthik NatarajanPosted
  • Investor
  • Fremont, CA
  • Posts 15
  • Votes 12

Hi

looking for an insurance agent to get a quote for my rental property in Bay Area. 

Karthik

Post: Property Manager Referral - Columbus

Karthik NatarajanPosted
  • Investor
  • Fremont, CA
  • Posts 15
  • Votes 12

Thanks to all those who have responded and sent me some referrals.. !! Much appreciated. 

Post: New investor looking to start out of state

Karthik NatarajanPosted
  • Investor
  • Fremont, CA
  • Posts 15
  • Votes 12

Hi Dan… I am from the Bay Area as well and invest primarily in Atlanta and Omaha, am moving into the Columbus market. Like stocks, i like to diversify in multiple markets but it comes with the overhead of management even if there is full team on the ground. 

All the strategies mentioned in this this forum or others are great, the one that is the best is the one that works for you. Real estate investment in my opinion is a very long game and will take years to build for someone which is not their primary source of income. I am in my 7th year and just getting to my 5th property due to all the other life interrupts. 

Happy to connect if you want to discuss more

Post: Property Manager Referral - Columbus

Karthik NatarajanPosted
  • Investor
  • Fremont, CA
  • Posts 15
  • Votes 12

I am in the process of closing on a property in Columbus, OH and looking for a solid PM team to manage it as a LTR. Would appreciate recommendations of PM’s who you have worked with and are good in working with out of state investor. 

Post: DSCR Lender recommendation

Karthik NatarajanPosted
  • Investor
  • Fremont, CA
  • Posts 15
  • Votes 12

thanks Erik.. any recommendations on a Broker?

Post: DSCR Lender recommendation

Karthik NatarajanPosted
  • Investor
  • Fremont, CA
  • Posts 15
  • Votes 12

Hi 

I am in the process of purchasing a property in Omaha and evaluating DSCR loans for financing. Any lender recommendations for DSCR loans.

Are there any cons for DSCR loans apart from the higher interest rates.

thanks

karthik