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I made an offer on this investment property I made an offer on this investment property
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Old 04-17-2005, 04:10 PM   #1
Kard63
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I made an offer on this investment property
Its about a 120,000 house, I offered 100,000. The property taxes on it are $4,000 a year. How the fuck does that work? No way would I offer more having to pay for that.
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Old 04-17-2005, 04:12 PM   #2
AlienQ - BANNED FOR LIFE
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obviOusly its not an investment then.
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Old 04-17-2005, 04:14 PM   #3
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pics? region? some more info
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Old 04-17-2005, 04:16 PM   #4
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Originally Posted by AlienQ
obviOusly its not an investment then.

Well, it comes with a lot on the coner that is zoned for a duplex. With taxes that fucking high the lot might be the better part of the deal. But I plan on appealing the assessment of taxes if they accept my offer.

Can I bribe the assesor when he comes out to take a look ? lol. seriously.
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Old 04-17-2005, 04:17 PM   #5
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One of my income properties is over $5,000 a year in property taxes? What is your point?

DH
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Old 04-17-2005, 04:17 PM   #6
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Originally Posted by DrinkingHard
One of my income properties is over $5,000 a year in property taxes? What is your point?

DH
I want to lick puotine off of your man boobs
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Old 04-17-2005, 04:18 PM   #7
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Quote:
Originally Posted by Juicy D. Links
pics? region? some more info

Here ya go juice.

http://www.realtor.com/FindHome/Home... &lnksrc=00002
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Old 04-17-2005, 04:18 PM   #8
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Quote:
Originally Posted by DrinkingHard
One of my income properties is over $5,000 a year in property taxes? What is your point?

DH

My point is I bet that house is worth a lot more than this one.
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Old 04-17-2005, 04:20 PM   #9
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Multi-family Property
Area: Marion Perry
County: Marion
2 total unit(s)
Year Built: 1965
Age: 40 year(s) old
Approximately 2881 sq. ft.
Two story
Style: Ranch
1 car garage
4 Murders have occured here since 1970 <----WTF?
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Old 04-17-2005, 04:21 PM   #10
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Quote:
Originally Posted by Kard63
thats pretty nice.. good luck
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Old 04-17-2005, 07:14 PM   #11
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Whats the rents in that area?
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Old 04-17-2005, 07:24 PM   #12
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wow, that's pretty cheap, around here you will be lucky to get anything close to that for under $200k...
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Old 04-17-2005, 08:04 PM   #13
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Quote:
Originally Posted by lightswitch
Whats the rents in that area?
I'd probably get $550 from one side and $750 from the other.


Quote:
Originally Posted by woj
wow, that's pretty cheap, around here you will be lucky to get anything close to that for under $200k...
No one that hasn't been in Indianapolis their whole life would want to be here. Worst water of any big city, crappy police, everything is ghetto or redneck so all houses are cheap here. You can drive down the street and see a 3 tier tree house....
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Old 04-17-2005, 08:41 PM   #14
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damn almost 3k sq ft and 120k? jeeze what is that neighborhood like.
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Old 04-17-2005, 08:43 PM   #15
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my friend is buying up East Orange / Newark NJ multi family homes.. cheap as fuck.
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Old 04-17-2005, 09:26 PM   #16
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thats a dick load of property taxs, does the state its located in have sales tax too?
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Old 04-17-2005, 10:22 PM   #17
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Originally Posted by Fukeneh
thats a dick load of property taxs, does the state its located in have sales tax too?
Yea doesnt every state have sales tax except nevada and new hampshire ? 6% here.
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