This is a very popular incentive in the city of columbus where tax abatements can lower taxes by 3k a year. on income of 60k for a traditional triplex that we build that would be lowering operating expenses by 10% if you assume approx 40%. it makes a big difference but I was wondering if anyone has actually seen the benenfits over time from holding these properties or investing in similar areas in urban core adjacent through renovations or new construction. there are benefits to selling them obviously but please comment if this applies to you!! 

To save you having to read back thru the thread, here it is yet again:Open a HELOC (or some other credit line, or begin accumulating income from one or more sources).

I understand this may have an affect on the appraisal.

New construction properties can qualify for significant insurance discounts, but otherwise, I generally expect insurance in this area to run a little over 1% of the property’s value if it’s in decent condition.Feel free to DM me if you’d like a good insurance contact to shop around for a better rate.

I am to this day finding good cash flowing deals on market that have 20%-30% CoC for owner occupants.

I love this approach.

Purchase price: $75,000 Cash invested: $95,000 Bouight this 6 units with owner finance.

The information contained in this post is not to be relied upon.

I think this would be a waste of money.Have pride in your place and provide quality stuff like a nice hot tub or just don't have a hot tub at all. 

Will take a look at the property tomorrow and update this post.