•Make sure to research the estimated tax assessment post-sale so you’re not caught off guard with a much higher tax bill than expected.6.

See if they will give you an estimate of the assessment for the property.

Plus with it being a townhouse, you don't have certain controls like the HOA and special assessments.

Quote from @Stuart Udis: @Calvin Thomas I would disagree with your assessment of Philadelphia.

It's nothing spectacular, just utility bills, trailing 12, rent rolls or whatever he's got so I can build an accurate assessment and make a fair offer.

This will also help assess the extent of any necessary remodeling.Give me a call.

@Shawn Ackerman would you be generous to share your process of assessing deals?

Now if it was me, I would have gone over myself to initially survey the problem and at the least meet the plumber over there to assess the damage.  

An 8% protected preferred return or a 10-12% target return. 3) Our passive note platform (Swell.investments) has yield from 8-20%. these are loans we have already originated and are available right now and we are happy to keep vs. matchmaking or crowdfunding where you only get to invest if the marketplace collects enough investor dollars or the matchmaker has a deal ready to fund (what you call whole trust deed investing).

Self managed HOAs are usually undercapitalized so you want to take a thorough review of the condition of the community to make sure there isn’t deferred maintenance because you might get hit with a special assessment if the board isn’t setting aside cash for those capital improvements.At face value, taking into consideration my typical financial objectives, I wouldn’t do this deal unless it was a much lower price.