Eli Fazzo
Real estate investing in South Carolina: Worth it at 6% property tax?
26 December 2024 | 31 replies
Explicitly tell them what you're paying for it so you can get the exact number.Also, we do a 25% property tax relief in SC under the ATI bill - so if you fill out that form, you will get a reduction for 5 years.Info below:ATI Real Property Tax ExemptionSouth Carolina law now allows a partial exemption from taxation of up to 25% of an “ATI fair market value” that is the result of anAssessable Transfer of Interest.
Gustavo Delgado
why should we still invest in real estate?
4 January 2025 | 25 replies
Not sure where you are looking but we have seen a 25% reduction in pricing this year.
Allen Masry
what happens to 500k
7 January 2025 | 21 replies
This doesn't account for transaction costs and reduction in leverage as you pay down the mortgage which accounts for closer to 2-3% less, so you 12-18%.
Collin Hays
Tips for negotiating your real estate deal
9 January 2025 | 18 replies
The time for a discount would be after it's been on the market a week or two (with no offers received) or better yet just before 30 days before a price reduction takes place.
Sonia Vanegas
advice on landlord threating to void clause in lease and raising rent
16 December 2024 | 21 replies
I do have the text message conversation where the landlord agreed to the reduction in exchange of the two bedrooms.
Hamidou Keita
Seeking Advice on House Hacking Strategy: Buying Single-Family Home to Build Duplex i
5 January 2025 | 24 replies
I maintain even break even on valuation (which is rare in SF Zoned areas), the ADU has big disadvantages versus new property acquisition including financing, level of effort, rent control, prop tax being based on cost rather than value added, length of time including length of time from first expenditures to first income, reduction of something from existing unit (in your case existing home lost its garage).Did you see starting next year Mf can add an ADU per unit up to 8 units without any affordable housing concessions?
Marcus Auerbach
Mortgage rates going up. Is the market expecting inflation?
24 December 2024 | 25 replies
If spending cuts are not enough to pay for big tax cuts that will make the deficit worse, and possible tariffs/price increases.Lets hope Elon and Vivek and have a monumental reduction in Gov't spending.
Michael Plaks
RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
19 December 2024 | 13 replies
Trump got significant tax reductions in his first term when essentially all demorats proposed tax increases.Of course, we don't want guess work, but we also don't want to ignore the direction that the tax policy will be headed.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
Doing this results in a reduction of the effective amortization to 17.08 years (205 months).
Maxnbee Nyabende
Midwest- Vertically Integrated Turnkey Company Recommendations
13 December 2024 | 16 replies
There are plenty of buying opportunities and we are starting to see some price reductions despite what others say.