Hre are the key things to knowWhat you are bidding on - often oddball properties that are hard to identify and have little value are auctioned offThe true as is value of the property, The tax assessment can be way higher or way lower than the true as is valueThe local laws and how they affet your total costs and returns

Post insolvency, the framework allows an assessment to all private insurers operating in the state to cover the difference which will subsequently pass the costs along to policy holders.

Perform this research by using the rent comp tool on BiggerPockets as well as FB marketplace, Zillow, Craigslist, etc Also for those 15% of units that are “at market”.

They can't assess all the subjective data like overall layout, view from the living room window, the dogs next door that bark all day, the width of doorways, size of individual rooms, quality of kitchen cabinets and appliances, etc.The best thing to do is study your market regularly.

Condos are less expensive to buy, but you have condo fees and special assessments and condo rules.

@Bart TillyThere are various "standard" agreements available in the marketplace (e.g.

When it comes to assessing maintenance costs, one of the best approaches is to request itemized breakdowns for larger repairs.

Unless the Seller is certifiably insane, they'll add a clause to the contract that the bit coin will be assessed at the time of closing and the present value applied toward the total purchase price that is denominated in USD or some other currency.  

If you get in and get out with lets say, land, or new construction, or flips or something where your money is deployed in a much shorter duration.. you will still be subject to the whims of the market place but because the duration your funds are deployed and because you arent concerning yourself with tenants theoretically there is 'less risk'.

As firefighters persist in battling the blazes, many residents are left assessing their financial and emotional losses.