All Forum Posts by: Matthew Pierson

@Angie Shires Okay, thanks for your help!

@Curtis Mears Good to know about the tax estimates. Thank you for your response!

@Angie Shires Is it bad practice to have a real estate agent for looking for a personal residence in one area of a city, and another for investing purposes in another part of a city? I know some real estate agents can have specific areas they focus on.

@Andrew Syrios okay, thank you!

@Ned Carey would a real estate agent be the only individual able to access the mls?

@James Galla, thank you for explaining that. I appreciate the quick response. It seems evident that the more research the better in order to find a true estimate, and even better with a real estate agent looking into it as well. It still seems odd that the Zillow estimate is 180k and the tax assessment was $120k. I'm sure the factors you just mentioned affected that difference. I'm going to go through other sites and see what they have stated. Ultimately, I'm going through properties to get more familiar with buy and hold analysis. Thanks again for your help!

Hello!

So I am new to real estate investing in general, and I am starting to play around with some of these calculator tools. Is it typical that Tax assessment is significantly lower that what the estimate and asking price of the property. For example, I was looking at a property that had an estimated value of $184k, asking price of $159k, but a tax assessment of $121k. I just don't understand the huge discrepancy.