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12 May 2019 | 6 replies
Does anyone know any strategies that can be used to decrease my property’s assessed value?
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13 May 2019 | 22 replies
The association said no special assessments will come anytime soon but this seems a little risky for a long term buy and hold.
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15 May 2019 | 23 replies
@Andrew Smith have an engineer come out and assess the issue.
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13 May 2019 | 3 replies
Occasionally, a full service lumber yard may have someone who can put together a fairly comprehensive list of materials for you and then you can add X% for labor.
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5 June 2019 | 23 replies
If I'm not mistaken, all the .gov resources, while comprehensive, are not exactly succinct and a lot of massaging of data needs to be done in order to get any meaningful information out of it.
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1 June 2019 | 9 replies
. - Assessed LPV is $5,782)$1200 trash, $500 water/sewer, $800 insurance - I assume all are annually, but I should askThe owner should take care of landscaping - currently no idea how much should it costNo gas info, no pics of the 2 units and it is written that tenants should not be disturbed since they are not aware of the sale - So for me, it is like I can't really send an inspector5% vacancyMy questions:Do you have any recommendations on how can I tell the trend of the area?
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13 May 2019 | 2 replies
As well as providing the net worth to convince lenders to see we're playing with the big boys.But I would be the main point man co-ordinating the brokers, lenders, as well assisting my partner who, while extremely knowledgeable in real estate transactions and creative financing, does not himself have experience specifically in larger apartment complexes as well as the english reading comprehension to delve into the legalese of the contracts and will rely on me and his daughter who will also help translate.All I can say is I've read Multi Family Millions by David Lindahl/Crushing It by Brian Murray so I have some ideas of how to reposition properties and tactics to deal with issues that come up.
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14 May 2019 | 1 reply
These retailers contend that their fully operational, often thriving businesses should be assessed the same as vacant buildings or “dark stores
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15 May 2019 | 10 replies
I would say your assessment on most new investors not understanding value add is correct, but I wouldn't classify them as investors.
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24 May 2019 | 12 replies
At this point, you would want to realistically assess your chances of moving quickly through a court process and the court being reasonably neutral in judgement.Some states will be better than others.