Thinking your paying too much in property taxes? You might be! I look up a lot of property taxes and find that most homes are selling for less than what the local assessors are saying they are worth. Perfect example would be a home I bought for $25,000, the home was NOT a forclosure and was on the market for 501 days before I purchased it. Yet the City of Kalamazoo says the property is worth $80,000! If that’s not over assessed I don’t know what is. This next seris of videos is going to walk you thru the process of disputing your property taxes. You only get one shot a year and its coming up here soon at the end of February. In this video I sit down with Alan Jeffries from Century 21 Advance Realty and talk the basics of what home owners need to know. Alan is a Level 3 Assessor in the State of Michigan and has been a licensed real estate agent for years!
Working with home buyers searching for a new primary residence is a totally different game compared to working with investors and rental property. Sure, there are similarities, but what want-to-be home owners care about is different than what an investor cares about. Frankly, for an investor, it’s all about the money and it should be. When someone purchases a rental property they are essentially running a business. If we can help them run a successful business and turn a profit they will likely come back and buy more properties.
There are lots of want-to-be investors out there and the hardest part is getting started. We are going to help unravel the maze. We will also look at long term planning. Often just knowing what needs to happen to acquire the next property and the next one after that is one of the keys to success. Owning rental property can be a great way to build wealth and we are here to help.Visit Jeremy's Blog