Tamas Z.
Can a lease rider change terms if the lease gets transferred?
Hi all,I'm in the process of drafting a new lease for a tenant whose lease is up for renewal.This tenant is a bit of a special case: Basically, a personal friend with a really good rental deal.He is starting to look i...
Rick Howell
What Are Lead-Based Paint Hazards- Part 1
If the home you’re buying was built before 1978, you have certain rights concerning lead-based paint and lead poisoning hazards. For starters, the home seller, or her real estate agent must provide you with the EPA pa...
Achraf El Churafa
My 1st Acquisition in Cleveland Ohio ! - Property Tax question
Hi All I just acquired my 1st 6 unit building in Cleveland Ohio, I have a property tax question. I acquired the property from an owner who owned it since 97. The market value (in county records) is 120K but the assess...
Thiag Sivalingam
Advice needed - Actual sq ft more than what public records show
We found through home appraisal report and recent architect drawings that the home we purchased is ~200 sq more than what public records show (location: Greater Boston). Is it better to have the city update their reco...
Joe Zen
Buying a property as your own buyer's agent tax
I am about to close on my first property (me = buyer, me = buyer's agent). I have heard that if you get a buyer's rebate, you do not need to pay tax, since you are just getting your money back (lowering the property c...
Account Closed
Sponsor's promote based on Cash on Cash Return instead of IRR?
I know people frequently structure deals with disproportionate distributions to the sponsor to reward them for their performance. Every waterfall model I've ever done has used IRR targets as hurdle rates. This is grea...
Nicholas Lopes
Short Term Rental - Hotel Units
Hey everyone! Newbie here. Looking to make my first deal and I'm super interested in a resort near me in Vernon NJ. It's technically a resort/hotel situation. It checks off all my boxes in regards to the HOA allow...
Corswella Whitaker
What happens to the mortgage in a tax deed state?
What happens to the mortgage after purchasing a lien in a tax deed state? Does it disappear, or is the investor responsible for the remaining mortgage?
Amanda Preston
Subdivided land- tax
Hi all!
Purchased 20 acres of bare land in 2021. Subdivided it into 2- 10 ac parcels. Sold first parcel over a year later in 2022. Sold other parcel in 2023. Did minimal work on them, added driveways to each and that...
Gil Estupinan
Estimating Property Taxes in Texas
Hey Bigger Pockets!!Looking at purchasing a turnkey property in Rowlett Texas and I was wondering how best to estimate property taxes from my analysis. Example: If the historical assessed price of the property is $10...