Episode notes
Property taxes are one of the biggest expenses commercial real estate investors need to get right when underwriting a deal. In this episode of the Ironclad Underwriting Podcast, Jason Williams and Frank Patalano break down how property taxes are assessed, why tax projections can change dramatically after a purchase, and why investors need to understand their local tax rules before closing.
The conversation covers everything from protesting tax assessments and understanding millage rates to navigating nondisclosure states like Texas. Jason and Frank also discuss how to build realistic tax assumptions into your underwriting and use sensitivity analysis to understand how changes in assessed value could affect a deal.
Topics Covered
- Why property taxes and insurance are two of the most important expenses to get ...
Keywords
Commercial Real EstateunderwritingReal estate investingMultifamily syndicationsPassive incomeWealthRisk mitigationDeal analysis