All Forum Posts by: Tylere Weaver
Tylere Weaver has started 7 posts and replied 50 times.
Post: Troublesome tenant very behind on rent, claiming to be getting a loan to repay

- Rental Property Investor
- upstate new york
- Posts 50
- Votes 9
1. File eviction now also don't renew and maybe even offer them cash for keys if they leave it broom clean. Might be worth it. Tell them you will pay them to leave.
It only should take about 10 days to barrow from the retirement.
2. Oh your gonna be out more than that security is. Document everything take pictures and while at court for eviction sue them is small clams for damages. Have your property management company tell you what it would cost to fix with their people. That's what you can get in a judgement.
3. Yes start gathering now for your new mtr. Mtr or str that over the holidays see how it goes then perform any remodeling that needs to be done and rent it ltr in the spring keep everyone on the same schedule for moving out in the spring it's so much more better.
good luck. We have all been down this road you can do it. It'll suck but you got this hold in there and keep on keeping on!
Post: Any advice for referrals on new construction loans

- Rental Property Investor
- upstate new york
- Posts 50
- Votes 9
Give them a shout see what they say
Post: Eviction lawyer Rochester New York

- Rental Property Investor
- upstate new york
- Posts 50
- Votes 9
Post: Looking for recommendations on refinancing commercial

- Rental Property Investor
- upstate new york
- Posts 50
- Votes 9
Post: What to expect in tax adjustment when buying above assessed value?

- Rental Property Investor
- upstate new york
- Posts 50
- Votes 9
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. Thanks for the information super helpful.
Post: What to expect in tax adjustment when buying above assessed value?

- Rental Property Investor
- upstate new york
- Posts 50
- Votes 9
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.
Post: What to expect in tax adjustment when buying above assessed value?

- Rental Property Investor
- upstate new york
- Posts 50
- Votes 9
Sweet that's a great way to just gauge it quickly.
thanks.
Post: What to expect in tax adjustment when buying above assessed value?

- Rental Property Investor
- upstate new york
- Posts 50
- Votes 9
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.
Post: Reporting Rent Payments to Credit Unions

- Rental Property Investor
- upstate new york
- Posts 50
- Votes 9
Quote from @Brandon Malone:
@Tylere Weaver I would think so if it helps encourages tenants to make payments on time.
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.
Post: Portfolio Loan Question pt 3

- Rental Property Investor
- upstate new york
- Posts 50
- Votes 9
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.
.