Orchid Djahangirian
New to real estate and looking to connect/get referrals for agents/lenders
8 December 2024 | 26 replies
There is much confusion about the 4% and 6% in property taxes.Non owner occupied property is taxed at 6% of the value to get the taxable value.This does NOT mean your actual property tax is 6% of the purchase price for rental property,In reality property taxes are about 2% of the purchase price for rental properties and about 1% of the purchase price for owner occupied properties.Google Greenville County Property Tax estimator and play with it and get a sense of how it works.3.
Brandon Eike
Looking to get starting with rental property investing
7 December 2024 | 13 replies
I'd estimate you'd need to rent it for $1,900.
Joseph Pytcher
Starting a HML Company here in DFW - Seeking Advice
5 December 2024 | 15 replies
All the hard money lenders I've worked with in the past (and the one I currently work for) deem an appraisal necessary for risk management purposes to insure AIV and ARV estimates are good.Curious how you'd manage risk without one?
Brandon Brown
Rough estimate to upgrade to 400 amp service
25 November 2024 | 8 replies
Have a future load analysis done and get estimate for what you want.
Janet Runes
Time to Sell? Swansea SFH
6 December 2024 | 9 replies
They are month-to-month and pay below market rate.I would prefer to sell it in its current condition and estimate that a diy remodel would top out at $15k.
Chelsea Jones
A beginner to Wholesaling
3 December 2024 | 4 replies
do you know how to estimate rehab costs?
Raj Vardhan
Cash out Refi
9 December 2024 | 16 replies
Yes, it's possible, but you'd probably need to get approved in the next 30 days as I'd estimate a 60 day close (at least) for an investment property in the name of an LLC.
Thu Pham
Best practices consulting with a Co-Host when I don't have a property yet
3 December 2024 | 7 replies
I'd love to utilize their expertise when assessing a property since they are local but I'm not sure what the general expectation is when I don't have a tangible property and I have not entered into contract to work with them yet.Some questions I have are: local regulations/permitting timeline, property's potential from their perspective, landscaping/amenities cost estimate (they also help facilitate this).
Robby Sanchez
multi famiy underwriting techniques
6 December 2024 | 6 replies
If hourly vendor vs salaried maintenance is what makes or breaks the deal...it's not a good deal.Your best estimates are likely to be from managers/owners of buildings similar to your subject property.
James Mays
Inspection Report - How would this inspection report affect your offer?
7 December 2024 | 8 replies
If so, then I'd send them the inspection report + the list of items you want repaired / estimated costs for and then use those to either negotiate the price down a bit / request seller credit for repair OR a combo of the two.