All Forum Posts by: Miguel Nava

Yes, you can file a complaint. Be prepared to “prove” the new value. It is not enough to say that because you paid $80k, then it only has a value of $80k.

You can file remotely, but if the value requested is more than 20 percent reduction, they will probably ask for a hearing.

They will typically ask you if you made any improvements.

PM me if you want more info.

Bob

Thanks for your response Bob!

A couple of properties I am analyzing cash flow very little with their current tax rate, but they seems to be good properties in good areas. I wanted to have an idea how likely it would be to have taxes reduced so they cash flow better.

I will PM you in case I need more info.

0 Votes

Cleveland, Ohio

I am looking to buy my second duplex in Cleveland. Taxes in the "Heights" cities are high. Is it too rare to have taxes reduced? What I mean is that some properties that are listed around $100,000 have taxes as high as $5,000. That is way more than what the this publication says. Is it possible to contest the taxes and have them reduce according to purchase price?

Thanks in advance,

Miguel

1 Vote

Cleveland, Ohio

Is this one still available? What zip code is it in? Also, how many bedrooms? Thanks!

0 Votes

Thanks for the post @Andrew A. and @Avi Garg. I closed on a duplex in Cleveland Heights on December 26th. I haven't received water/sewer bills yet, but now I have an idea how much they'll be. Tenants pay for gas.

I am paying $73/month for insurance and $242/month for taxes.

Miguel

1 Vote

condos that rent for $700 a month don’t cost anywhere close to $200,000; and condos that cost $200,000 don’t rent for anywhere close to $700 a month.

3 Votes

Hello Taft, welcome! I lived in Spokane when I was in college, I went to Eastern Washington University. I love the city.

0 Votes

Spokane, Washington

All Forum Posts by: Miguel Nava

Miguel Nava has started 8 posts and replied 80 times.

Post: Real Wealth Network

Post: Insurance Agent in Pittsburgh Area Recommendation

Post: Insurance Agent in Pittsburgh Area Recommendation

Post: Is it "common" to get taxes reduced?

Post: Is it "common" to get taxes reduced?

Post: Is it "common" to get taxes reduced?

Post: Cleveland SFR. 16% COC. Already rented for $850/month Asking $57k

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Post: New to Spokane, WA - building a network