All Forum Posts by: Greg Parker
Greg Parker has started 2 posts and replied 601 times.
Post: Is this a good deal?
- Realtor, Contractor, Property Manager
- Montgomery AL and Dauphin Island, AL
- Posts 653
- Votes 530
Agreed with most of those comments. Not enough equity in this one.
gp
Post: looking to buy rental property in any state - 100k down, traditional financing
- Realtor, Contractor, Property Manager
- Montgomery AL and Dauphin Island, AL
- Posts 653
- Votes 530
Alabama
- Effective Property Tax Rate (2019): 0.37%4
- Typical Home Value (2022): $189,9766
- Annual Taxes on Home Priced at State Typical Value: $702.9
The current metro area population of Montgomery in 2023 is 374,000, a 1.91% increase from 2022. The metro area population of Montgomery in 2022 was 367,000, a 1.94% increase from 2021.
In a number crunch of 300 cities using 10 metrics ranging from home prices to tax rates to vacancy levels, WalletHub determined that Montgomery, Alabama, was the nation’s most affordable city for homebuyers.
Post: New To Real Estate Investing
- Realtor, Contractor, Property Manager
- Montgomery AL and Dauphin Island, AL
- Posts 653
- Votes 530
The current metro area population of Montgomery in 2023 is 374,000, a 1.91% increase from 2022. The metro area population of Montgomery in 2022 was 367,000, a 1.94% increase from 2021.
In a number crunch of 300 cities using 10 metrics ranging from home prices to tax rates to vacancy levels, WalletHub determined that Montgomery, Alabama, was the nation’s most affordable city for homebuyers.
Montgomery county tax estimate formula is: appraised value x 20% (without homestead) x .0365!
Post: Life estate Alabama laws
- Realtor, Contractor, Property Manager
- Montgomery AL and Dauphin Island, AL
- Posts 653
- Votes 530
@Denise Evans could probably help you with that.
Post: First real estate purchase for end user turned into rental and sold
- Realtor, Contractor, Property Manager
- Montgomery AL and Dauphin Island, AL
- Posts 653
- Votes 530
Very nice! Look into Montgomery, AL. Second lowest property taxes in the nation behind Hawaii.
Montgomery county tax estimate formula is: appraised value x 20% (without homestead) x .0365
Post: Which state or city is good for investing in multi-family and apartment properties?
- Realtor, Contractor, Property Manager
- Montgomery AL and Dauphin Island, AL
- Posts 653
- Votes 530
Montgomery, Alabama. Second lowest property taxes in the nation behind Hawaii.
Montgomery county tax estimate formula is: appraised value x 20% (without homestead) x .0365
Post: Architect/Builder experienced turning older 4k sq ft home into Apartment
- Realtor, Contractor, Property Manager
- Montgomery AL and Dauphin Island, AL
- Posts 653
- Votes 530
check with the city on the zoning first.
Post: Best city and state to buy a LTR property under 100k
- Realtor, Contractor, Property Manager
- Montgomery AL and Dauphin Island, AL
- Posts 653
- Votes 530
Check Montgomery stats.
Post: ISO of Lender witha a LOCAL Office in or Around Montgomery | See DETAILS
- Realtor, Contractor, Property Manager
- Montgomery AL and Dauphin Island, AL
- Posts 653
- Votes 530
Ferndale ct, it will be hard to get 130k arv there. One a block over sold for 100 a while back, I was amazed at that. I looked at 511 Ferndale ct, if that is the one in question. I can look back at my notes for renovation cost if you are interested. As a 3/2 it would probably get 1,000-1,100 on sec 8.
Not a war zone at all, but probably a C area.
Post: Rent to retirement
- Realtor, Contractor, Property Manager
- Montgomery AL and Dauphin Island, AL
- Posts 653
- Votes 530
Double check those rent rates they are posting.