I am looking at a property that seems to be quite cheap for the area. Definitely a BRRRR project, though the taxes on it were increased 179% back in 2017. The taxes on it are enough to make the numbers on it not reall...
Hi everyone! I am a rookie investor, with one tenant-occupied rental property in South Carolina. Anyone familiar with owning rental property in the state should know how high our property taxes are. On top of this...
Just received notification from Shelby County Assessor of Property in Memphis that that market value of an investment property has increased, thereby increasing the assessed value and my tax obligation.Hoping that the...
There are no two ways about it: rigorous due diligence is required. It serves as the foundation for all successful deals.The first stage in analyzing a possible investment is to perform rigorous financial due diligenc...
I'm just getting my Brokers License and doing a lot of research to provide a quality service through wholesaling in my family owned business, United Family Investments. I've come across this situation and i'm not ...
I was curious how often most people are filing assessment appeals. I get solicitations from companies that specialize in property tax appeals every year and since their fees are contingent, I was wondering if there w...
I've been looking for my first multifamily property and I found a fourplex that just popped up on the MLS at $330,000 getting a net rental income of $2500. Looking at the 1% rule the price is way over the rental inco...
Insights on cap rates for apartment building in 44313? I know there are variables. In analysis of subject propert the cap rate for 103 property in this area is 5.4%. Requesting investors insight in this market. Thank...
Hi all,I moved to the city (overland park area) about one year ago. I am a beginner investor for real estate. I have a few properties down to Texas (where I moved from). New to this local market, I wonder whether buy ...
Hello Biggerpocketers,I am newbie to rental property investment (as well as biggerpockets!) and just getting started on my first deal. I have chosen the Durham market (primarily for 2 reasons, I am tad bit familiar an...