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.

obviOusly its not an investment then.

pics? region? some more info

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.

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

Here ya go juice.

http://www.realtor.com/FindHome/Home... &lnksrc=00002

My point is I bet that house is worth a lot more than this one.

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? :helpme

thats pretty nice.. good luck

Whats the rents in that area?

wow, that's pretty cheap, around here you will be lucky to get anything close to that for under $200k...

I'd probably get $550 from one side and $750 from the other.


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....

damn almost 3k sq ft and 120k? jeeze what is that neighborhood like.

my friend is buying up East Orange / Newark NJ multi family homes.. cheap as fuck.

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.