All Forum Posts by: Ryan Johnson

Hello folks.  I am desiring to buy single family homes to buy and hold in the wholesale/forclosure market.  It is a significant benefit to be able to make predictable decisions on these quickly in order to get the best purchase prices.  I was hoping for any tips or a checklist that someone may use to create predictability.  For example, age of roof, age of HVAC, etc.  I grew up without a dad and tend to struggle just a bit with some of the potential reno decisions and really do not want to bump my head.  Any advice would be appreciated!

We are looking at an apartment complex that is approx. $1.5M and are looking for an estimate on cost segregation.  Any input would be appreciated. 

Thank you in advance for any answers!

We are building a spreadsheet that allows us to plug in a few numbers and obtain a quick result.  I am trying to determine if it is better to simply use the purchase price multiplied by millage rate or if I should utilize last year's property tax rate.  Is the assessed value for the first year (thus determining property taxes) equal to the purchase price (say for an apartment complex) or will it be evaluated each individual time?   Thanks for the help!