All Forum Posts by: Tylere Weaver

It's new York.  It's my understanding and experience that the property will get reassessed at a certain percent of the total value of the property after the sale.

I suppose the best thing to do would be to call the assessors office in that town in the morning.  

Sweet that's a great way to just gauge it quickly.  

thanks. 

when looking at a property and the assessed value is less than the listing price how does one figure out what the new tax rate would be.  For example if a 5 unit is assessed for 100k and taxes are 10k a year.  The 5 unit sells for 300k would the taxes then be 30k?  

is there a metrics that one can use when performing their analysis.  

 So do you absorb the cost of that feature or do you add it into the rent?  Is it worth taking the loss so that you encourage them to do what they already agreed to?  I'm wondering for clarification.  

I feel like David green and Rob abasolo did a pod cast on bp some where after episode 800 that had two different capital funding people giving advice on this type of question.  They own the companies so I feel like that might be a good listen.  

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Is it worth the cost of doing so however?  

I'm intrested strictly for the tacos. 

quick note from my own investing the fewer you have the more of a pain they are.  As you accumulate more systems get out into place it becomes easier.  Invest wisely and have multiple exit strategies.  Bo has their calculators that are great to help run numbers and give you a close idea.  

good luck let us know what you end up doing! 

Gosh no has the calculators to run these numbers for you.  Super easy to run them.  And the on the market pod cast they also do deal analysis walking one through all these steps and help you do real life deals.  Good easy listening and helpful to understand. 

have you defined your buy box?  Do you know what a good deal is if you where to find one?  

Prop stream?  It's a data base that you can subscribe to and use.  I think they offer like 5 free searches.  I have read others that will do the skip tracing for you for like .40 cents a search.  Sound alike you might need to figure out a funnel system to generate leads for off market properties.  I know bigger pockets and David green has had a few great resent pod casts on this.  Some where between June and August of this past year there was a few.  I think Rob abasolo did one with another guest just on his funnel system he set up to find off market deals.  

good luck let us know what direction you go in.  Super interested in your success.