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9 February 2025 | 4 replies
When I purchased it I simply based my offer on the numbers that made it work using the BP Calculator.
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8 February 2025 | 2 replies
In my opinion, once you know the rates for a specific deal, the best practice is to underwrite base on the upper threshold of the range for similar deals to be conservative.
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19 February 2025 | 9 replies
Then they will release the funds based on what is finished.7) Sell the home and payoff the loan / rent the home out and refinance the borrowed amount.Hope this helps give a simple time-line.
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23 February 2025 | 26 replies
Quote from @Andrew Steffens: I would follow the advice above to see if you can improve seated comfort but short of that I would not go and replace, at least not yet. 4 stars is good and it seems you will get more 5 stars based on 2 previous to bring it up.
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17 February 2025 | 1 reply
Any store renovation could significantly increase tax liability, currently at $142,000 per year based on its $4,966,600 valuation.- 50 Cambridge Street (Price Chopper): Spanning 67,814 square feet and built in 2003, this store is valued at $11,289,700, resulting in an annual tax bill of $323,000.- 72 Pullman Street: One of the newest and most modern supermarket locations, valued at $10,177,000, which at a tax rate of 28.61 per thousand results in an annual tax burden of approximately $291,000.- 221 Park Avenue: A 37,090-square-foot store valued at $5,833,500, resulting in an annual tax burden of approximately $167,000.
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24 February 2025 | 2 replies
So it would seem if the ratio is variable based on rental rates, that comparing rent to price is a ridiculous filter since you need a different ratio for each rental rate.
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24 February 2025 | 0 replies
Additionally, the amendment might encourage local governments to raise sales taxes to offset the lost property tax revenue, spreading the tax burden to a broader population, including those who do not own homes [4].Broader Context and AlternativesGeorgia already has multiple state homestead exemptions in place, including the Standard Homestead Exemption, age-based exemptions, and exemptions for disabled veterans.
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12 February 2025 | 17 replies
Steven, I wanted to get your thoughts on a few Philadelphia suburbs based on my buy box.
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19 February 2025 | 7 replies
What is the current market valuation of the property based on comparable sales (defined as similar properties, within a 1-mile radius, within the last 30 to 180 days, that are within 10% of total square footage)?
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16 January 2025 | 2 replies
I leveraged my owned land to build my personal home.