All Forum Posts by: Mike Hill

Welcome, @Zatch Jason Pouchprom!

Good luck getting started. You should listen to the BiggerPockets Podcast episode 169 with David Greene, I believe he was in law enforcement when he got started in real estate investing. 

Welcome to BiggerPockets, William! Plenty of information to be found here. I work for a Charlotte wholesale brokerage, feel free to contact me if I can be of some help. Good luck in your investing!

@Jay Hinrichs You have to factor in your millage. In my city it would figure as follows...

500k x 4% x 0.2142 = 4,284 a year. 

If not owner occupied then use 6% and a higher millage...

500k x 6% x 0.3916 = 11,748 a year. 

https://www.yorkcountygov.com/_fileUploads/forms/How%20to%20Estimate%20Real%20Estate%20Taxes.pdf

Appreciate the hospitality last night @Dave Hurt. Enjoyed meeting everyone and look forward to the next one. 

Nice work, Paulus! The house looks great!

Thanks for the responses!

Recently obtained my license in North Carolina and will be using it in the Charlotte area. Does anybody have recommendations for an accountant who has experience in real estate or with agents in the Fort Mill or Rock Hill area? Thanks!

Are there any Charlotte, Fort Mill, Rock Hill wholesalers here that wholesale using their Real Estate license?

I'm in, sounds like fun. 

She might referencing that in South Carolina, if the residence isn't your primary residence, you're property tax assessment rate will be 6% instead of 4%.