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Hello ~ I am looking at properties in South Carolina (north Augusta specifically) and would like to make sure I understand the property tax rate. From what I read, for rental properties the annual tax is 6% of the app...
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Hello everyone! I am new to BP and VERY eager to get my feet wet in RE. One thing I am having trouble doing is determining the ARV of a home. I tried to use website like Zillow and the like to see what houses in the...
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I'm interested in possibly acquiring a 6 unit apartment building. However, over the past couple of years I have only analyzed and purchased 2-4 family properties. Running cashflow projections and pro-formas was stra...
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Hey I have heard that the tax assessment value is always lower that what a house would sell for in good condition? Is that true? Do they always assess it for lower than it would be worth renovated? Has anybody had an...
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Do you know of a program that I can use when partnering with another investor?For example a program that I can input an entire detailed transaction from start to finish, including purchase price, all costs, and then ...
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Hi BP,I’ve got a mixed use property I’m looking at that has zero Comps. Because it’s commercial on the bottom and mixed use on top, I’ve got nothing to compare it to. Any tips?Thanks
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Looking at my first four family and would appreciate feedback on this deal. Property is an old, well-built brick building in the Midwest built in 1870. Flat roof replaced in 2008 and new windows in 2008. Plumbing an...
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My interest is buy and hold at this juncture Although not opposed to a flip. I have 5 active properties and I'm blessed to have 100% occupancy. Two of the homes (small ones) are paid off. I have a realtor who is quite...
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Hey guys,So I'm looking into buying a 14 unit building that's in a township that charges a flat rate fee + usage for water/sewer. Each unit is charged this fee ($350 + usage) per quarter. This flat fee is charged re...
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I have a cafe business in a office building in northern Virginia. I've heard rumblings that the Landlord intends to demolish the building in order to build a high rise apartment building in the next year or 2. I'm cur...