No taxation without representation’ and how that applies to non-resident property owners by Jesse Brewer Being in the rental property business, I am required to pay many property tax bills, and given that I own real estate in neighboring counties, I am forced to pay county, city, and other taxes for these properties. I live in Northern Kentucky, which is also part of the greater Cincinnati, Ohio region. While I understand that I must pay taxes to these governments for schools, police, fire, and other government services for the properties I own, what I don’t get is that I have…
Author: Jesse Brewer
The Double-Dip in Occupancy and the Reposition by Jesse Brewer I know a lot of investors that look for apartment buildings that are distressed in some form or fashion, or the property is a “value add” opportunity. Before I get into the content of this post let me first explain what I mean. A “Value Add” opportunity is just what it sounds like. It is an opportunity for an investor to purchase a property that is “distressed”, meaning there is something wrong with it such as it has a lot of vacancy, been poorly managed, something is physically wrong with…