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8 November 2024 | 22 replies
It assumes that the cash flows are invested at the same rate as the IRR, which is not always the case, but it is one of the metrics used when assessing a syndication.
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31 October 2024 | 0 replies
I'm fairly confident from reading online we don't qualify for an exemption, but I'm trying to assess actual closing costs to trying and reduce them All details:Bought the house 2.5 years ago for $980K (left on mortgage $753K), we have a clause for an assumable mortgage for me to take over (I can keep same rate).
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30 October 2024 | 3 replies
Additionally, the Courthouse Online platform is a helpful tool for property assessment data, including ownership and sale history; you’ll just need your property’s Control Number to get started.The Property Mapper is great for visuals, but it sometimes lags with the latest updates, so checking with the Recorder of Deeds or using Courthouse Online will give you the most accurate information.
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24 October 2024 | 3 replies
Hey guys, I bought a house in South Carolina this year and I was told the value of the house is being re-assessed this year for property taxes.
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8 November 2024 | 38 replies
College STRs are a great idea if you want something small, but I would look for small 2 bedroom SFH over condos just to avoid the potential assessments and condo captains (HOAs).
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31 October 2024 | 4 replies
Initial Inspection and Assessment: Document property condition before work begins.
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29 October 2024 | 4 replies
Speak with the Community Manager, or try to meet with one or more board members to gauge their attitudes on your investing ideas.Very Important: check to see if there are any current or in-the-works special assessments.
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30 October 2024 | 7 replies
I’d also advise being cautious with turnkey listings that look overly perfect—they often come with a higher price tag and might not deliver the promised returns.Also, I’d encourage you to really assess property management options.
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29 October 2024 | 15 replies
@Jamaal SmithWas the increase due to local tax increase in rates or due to valuationMost property taxes are increasing significantly as is insurance because of inflation - everything has gotten more expensiveYou can try and contest the assessment and see if it reduces taxes.
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29 October 2024 | 16 replies
You can suggest performing background checks, credit assessments, or offering a higher down payment to mitigate risk.### 6.