Hi all, I've been running numbers on different properties trying to evaluate cash flow. One issue I am having is the cost of taxes, I'm not sure what is the best way to estimate it.Zillow has a simple estimate of % ra...
We are looking at a commercial property that is very underutilized. It has 2 buildings both wired with 440 3-phase. One has heat and is insulated. Is there a resource or general rule of thumb when trying to figure out...
How is it determined and where do I find the information when it is referred to a neighborhood being A B C ???
Over the last 3-7 years I have purchased 4 SF homes, currently all are about $310,000. Average remaining mortgages are about $150k. I would love to use the equity but my interest rates (after refinancing) are at 3.2...
Hello,I’m new to RE investing and looking for my first investment property. I’m considering a triplex in Cleveland Heights, OH 44118. If purchase price is $300K, can you please help me understand what the property tax...
How exactly is a neighborhood classified as an A/B/C/D-class neighborhood? What are the criteria? Who decides?Same question for residential properties. What criteria determine if the property is an A/B/C/D class pr...
We have just viewed a 3 family unit which we want to make an offer on. Verbally we have rent rolls and info that everyone is paying and that appropriate green card is in place (New Jersey requirement). Before making a...
The other day I stumbled upon articles on segmented depreciation and how it increases the depreciation in early years by doing this. It sounds like little bit of work to segment the depreciation amounts but seems wort...
Hey All,My parents are going to sell their primary residence they've lived in since 1984 in a suburb of Boston. It's a triplex. For the sake of simplicity I'm going to round the numbers. They bought it for 100,000 and...
Hello all!
I am debating with my wife as to whether or not to contribute to her 401(k) we are both in real estate school and are going to become real agents. I will be a full time agent as soon as I get my license an...