What about TRIPLE them?

My only saving grace is that I bough in 2009 and prices have since tripled, so I'm selling all my stuff in Phoenix today.So, to summarize, I'd advise either keeping short investment timelines (flipping) locally if/when you can find deals with sufficient value add opportunity/margins OR save up, educate up, and wait until the local market shifts so you can find buy-and-hold where the cash flow works out again (eg: in the AV), but again always with a value add component too, because that and long-term appreciation is where you're going to make your money in SoCal.

I hate giving negative reviews but this issue popped up past the time of transitioning away from JWB to new management. yes Rebecca this is how new construction works.. existing tax bill is on lot only then you build a home its reassessed and you have the new tax bill. we are small home builders here in Oregon and in Charleston.. and I know the real estate brokers who sell our properties understand that and inform their clients as well as the lenders do.. this is a very well known situation.you will also see this in states that have two tax rates not like we have on the west coast were there is equal tax's for all properties. but in some states you have massive owner occ discounts and the investors or non owner occ pay as much as double or more than homeowners.So what happens is your looking at a new rental turnkey whatever and they pop on to the county website and the taxs are say 700 and use that in their proforma's  well that was with the owner occ exemption.. you get your new tax bill and its double or triple but you bought based on cash flow projections of the lower amount.so its incumbent on the buyer and their mortgage brokers to figure out what the milage rate is then figure out tax's based on either new construction or having the owner exemption go away.. people buying in Texas get floored by this a lot. 

Damages can be doubled or tripled if the PM (in your case) doesn't handle your deposit properly.

hi I am Lynn Nick I need the exact same help with a triple purchase in the same area light industrial pipe twice but I am looking at three times please give me a reply I will look for your reply thank you

They are always looking for various strategies to get out of the real estate without incurring the income tax consequences.Here is a quick list of some of the more common choices that investors use to get out of real estate when they no longer want to manage property and/or deal with tenants:Seller Carry-Back FinancingNet Lease Properties (NNN or often referred to as triple net properties)Tenant-In-Common Investment Properties (TICs)Delaware Statutory TrustInvestment Properties (DSTs) Charitable Trusts (often referred to as CRTs)There are of course pros and cons with any type of asset class or specific investment.

I am a commercial broker and investor that specializes in apartment buildings and also triple net leasing.

I need to look into this program some more but if it holds water then cash flow triples.  

They go through Triple A.

I know some people like to only purchase land at around $20/square foot of finished house, but that number will likely be tripled or quadrupled in this area.