Ramsey Doumani
Investing in a condo vs townhouse as a traveler
12 January 2025 | 8 replies
Also when you are under contract and get condo docs, make sure to read the meeting minutes (for the past year if available) they will indicate if there are any talks of an upcoming special assessment (which you don't want).
Chris Lin
Home Property assessment
4 December 2024 | 4 replies
If you believe the new assessment is too high, you can file an appeal.
Matthew Morris
Dad's NC House is Slowly Rotting - Likely Need to sell As-Is!
7 January 2025 | 6 replies
Based on rough assessment, the following is needed just to get it listed:NeedsLowMidHighRoof$7,747.00$12,580.00$26,037.00Siding$20,000.00$25,000.00$30,000.00Windows$9,000.00$12,000.00$18,000.00New Deck$8,000.00$10,000.00$12,000.00Roof Leak Repair$2,000.00$3,500.00$5,000.00Mold Mitigation$1,000.00$2,500.00$3,500.00AC Units$13,000.00$15,000.00$18,000.00Carpet Replacement$2,500.00$3,500.00$5,000.00Kitchen Remodel$5,000.00$10,000.00$20,000.00Total$68,247.00$94,080.00$137,537.00Due to lack of capital to fund these repairs, I believe the best option is to find an investor looking to flip.
Guillermo P Manso
I need advice and estimate costs
26 December 2024 | 7 replies
Since you are out of the country and seem inexperienced, when buying condos you also have to assess the viability and strength of the HOA, pending litigation and/or assessments, and parking per unit.
Keira Hamilton
5 Lessons Learned From Selling My Laundromat
13 January 2025 | 2 replies
When I was assessing buyers, I wasn’t just looking at how much cash they had.
Hillary Henzler-Buckingham
Searching for a tool to identify non-primary residences
13 January 2025 | 4 replies
Ideally, this tool would provide reliable data, such as public property records, tax assessments, and the primary addresses and names of the owner.
Nate Pucel
How do you determine depreciation basis on a renovated rental?
3 January 2025 | 5 replies
You must exclude the land value, typically allocated based on property tax assessments or an appraisal, as land is non-depreciable.
Pierre Garcia
New to the real-estate game. Taking my first steps through bigger pockets platform.
6 January 2025 | 1 reply
Learn about the Net Operating Income (NOI) and Capitalization Rate (Cap Rate)—these are essential to analyzing the potential profitability of a property.Return on Investment (ROI): There are different ways to calculate ROI in real estate, such as looking at your total return after a sale or assessing your rental income versus initial investment.
Cassidy Burns
FIx & Flip Purchase - Final Purchase of 2024
24 December 2024 | 4 replies
Bought under assessed value, slight value add through cosmetic rehab (paint, light fixtures, flooring) What was the outcome?
Tom Miller
The city wants to buy my property
8 January 2025 | 7 replies
Also what does the city say is the assessed value of the property on your taxes (it will be different than the appraised value, but should give you an idea).