Andre Taylor-Domville
Hudson County Property Tax Increase/Appeal
28 November 2021 | 9 replies
I think you're doing the right thing by seeking legal assistance, I believe there is a formula they follow and should let you know if you fall within that threshold to take that case on or not (I did this for a North Bergen multifamily i bought back in 2019, unfortunately it wasn't successful lol).
Paul Riley
Both are drowning... who do you save?
20 November 2021 | 11 replies
As they say on the airplane "secure your mask before assisting others".
Omari Heflin
Multifamily Investing: Knowing the numbers so you can BRRRR
21 January 2022 | 2 replies
@Greg Kasmer Everything Greg said plus make sure that you take higher property taxes into account based on an increase in assessed value reflected by your purchase price
Samuel Eddinger
Is there a better way to evaluate real estate?
22 November 2021 | 9 replies
I would propose a better way of evaluating real estate and that is to take the difference between the CAP rate and prevailing interest rate and use that to evaluate whether something is a deal or not.D = CAP - %APRThis would allow you to calculate the spread which is directly related to your debt assisted profitability (like a cash on cash return).You can vary what “D” you will accept based on the normal factors you would consider when thinking of the CAP rate (location, building type, number of units, financing, deferred maintenance, etc).You could also rearrange the equation to calculate the CAP to search for opportunities and how to offer for property:CAP = D + %APRIn this case, you can actually figure out the CAP by knowing the “D” you want to get for a given location, building type, etc and understanding the financing available to you and other investors for the opportunity.Any reason this is an inferior approach to CAP rate or cash on cash return?
Drew Steusloff
Thoughts on Prop Stream App
24 November 2021 | 3 replies
Essentially this app assists in generating lead lists and allows users to send post cards to properties of interest automatically.
Larry Rogers
Website for demographics and traffic counts?
29 November 2021 | 6 replies
See if the store is comfortable with goods outside on display for sale (to be brought into the store to pay for).Try to stay long enough to get a good feel for the customer base--because they will probably be reflective of your own if you buy there.Are you comfortable sitting in the parking lot at night, unarmed, or do you wish Dirty Harry was sitting next you for protection?
Scott Johnson
Rental Rehab Wholesale In Ayden NC
19 November 2021 | 0 replies
This is a buyer that we also assist with their rehabs so we can learn.
Kenny B.
looking for fair/trusted tradesman (construction, roofing, etc)
13 December 2021 | 3 replies
Thank you for any assistance!
Corey Gilroy
Short term rental laws
21 November 2021 | 18 replies
Whether the listings have a permit number or not is often a reflection of enforcement but not necessarily a reflection of regulations.