All Forum Posts by: Usha Kamaria

Thank you all for your reply. Its been really helpful.

Usha

Hello,

Need help from the experts in multifamily apartment property.

We are looking at a multifamily property to do a 1031 exchange. One property has 60 units. The taxes on the property are $60,000, which appears to be because there are 12 extra acres of wooded land that is a part of this property. The land has no use, as it appears to be a swampy area. Is the property tax high because of all this unused land? We have heard in some places that tax cannot be charged on wooded land, but we are not sure. Is there a chance to reduce the taxes once we buy it somehow? This is the only major hurdle on this property we believe. 

Does any one have experience in owning jiffy lube property ? What are some of the pros and cons of this type of investment ?

Like to know where to invest in 1031 exchange ? We are almost at the retirement age and want to have steady income without having too much involvement in day to day operation. Heard lot about triple net. Any advice on that ?

Hi I am interested in knowing about investing in dollar general properties. is there a dollar general with 7+ cap with Long term nnn lease ?