How should I underwrite tax increase post acquisition? The sales price is 2x the current appraised value of the property. I'm afraid that the next time county assess the property, property tax will double. What should...
I hope I selected the appropriate Forum Category for my question ...I am getting started in Wholesaling and have been checking on properties in my area, and talked with the owner of a property who has been fixing up t...
Hi everyone! It’s been a long time since I last posted on here… life is a rollercoaster. Since I first got turned onto BP in 2016, I purchased a triplex on northwest Washington State. I house-hacked it, and it has pai...
Hey everyone! I am planning to make my first offer but I wanted to know if the numbers work.
Location: East Pennsylvania
Type: converted four family
Price: $350,000
Total SqFt: 3,232
Built: 1869
Units:
1. 2 b...
Hey everybody, I got a job offer for a company and they are offering me 3 locations to work from. These are the 3 options: I can stay in Chicago where I am currently, I can move to Portland, Oregon or Tampa, Florida. ...
The HOA fee has been increased by the seller while under contract 2 weeks prior to closing date.Can I refuse to sign the new contract with the increased HOA fee and go back on the deal?Thank you,
Hey BiggerPockets friends,I'm looking at a triplex and am trying to estimate my monthly carrying costs for the property. I know my taxes, insurance, mgt payment, and other items like maintenance, cap x and vacancy. Ho...
Hey Underwriting Gurus investing in Texas!Given that Texas property taxes are valorium based (i.e. value based) and that the appraisal of property generally increases each year, how do you project property tax increas...
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I am a newbie investor and I have been researching different methods on how to begin my real estate investing journey. I looked into the BRRRR method and it interested me greatly. In...