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All Forum Posts by: Zev Dobuler

Zev Dobuler has started 15 posts and replied 35 times.

Post: We Want to Finance and Build your Investment Property for You

Zev DobulerPosted
  • Modiin, Israel
  • Posts 35
  • Votes 4

Hi Evan,

@Evan Torrens  I'm more interested in fix and flips in-and-out 6-9 months deals but I'm open to seeing what you guys have to offer. Please DM me info as well. Thanks!

Post: We Want to Finance and Build your Investment Property for You

Zev DobulerPosted
  • Modiin, Israel
  • Posts 35
  • Votes 4

Hi @Evan Torrens,

Are you looking for investors on fix and flips also or only on buy and holds?

Looking for a good, reliable and creative real estate attorney from Philadelphia that knows how to work with investors.

Let me know if you have any recommendations. Thanks!

@Michael Beeman You are awesome. Congrats to you!

Hi Everyone, I’m investing in Fix & Flips in Oklahoma City and Philadelphia. I was wondering if anyone ever tried to make a deal with an owner where they purchase the property for much below the asking price, pay for the rehab and then split profits above a certain sale price? This way I’m protected that I purchased low enough while the owner can benefit from the upside if I surpass a certain number.

Has anyone ever tried to do something like this? If so, please tell me about your experience.

Also, I’m wondering if there is a tax disadvantage here. When he sells me the property he pays capital gains tax. But when I sell the property and give him some of the profits, wouldn't he be taxed at his regular tax brackets and not capital gains levels?

Thoughts? Thanks!

Hi Everyone,

I’m investing in 3 different states. Oklahoma City (OK), Philadelphia (PA) and Rochester (NY). Should I be using 1 attorney for all my transactions and advice or should I be working with 1 attorney per state? What are you guys doing?

And if I’m already asking about attorneys, does anyone here have an attorney in any of these 3 States that you would like to recommend? Name and Firm please.

Thanks!

Post: Rental property insurance. Replacement or purchase + rehab costs?

Zev DobulerPosted
  • Modiin, Israel
  • Posts 35
  • Votes 4

I’m purchasing rental properties in Rochester NY but this is a pretty generic question for all locations. What are most investors insuring their rental properties for? Replacement costs or purchase price + rehab + closing costs or something else?

Thanks!

I’m looking at properties in Rochester NY that I’m considering purchasing at 25% above their current assessed value. Should I use in my projections the current property tax amount or should I assume that since I’m purchasing the house for 25% above its current assessed value, that my purchase price automatically becomes the updated assessed value and therefore I should budget for property taxes to be 25% higher than now.

Furthermore, if my purchase price becomes the updated assessed value, is that something that is triggered immediately upon the purchase or may still take a few years until the county updates it?

Is there any chance they would update it up but still below my purchase price?

Thanks for your help!

Post: ISO Private Lender for Live-in Flip, Rochester, NY... 30% COC

Zev DobulerPosted
  • Modiin, Israel
  • Posts 35
  • Votes 4

Hi Pete,

I may be interested in option 2 but would not LOTS more info... PM me.

Wow. Great recommendations everyone. Thanks for the help!