I would keep in mind HOA Fees and Assessments.

Hard money is typically all about the deal, so if you're bringing in 20% for purchase and covering rehab, you’ll need to assess if the deal can still make sense after those upfront costs.One potential workaround is to look for lenders who might offer 100% rehab financing based on the ARV, or you could consider bringing in a partner to cover some of that 20%. 

Do you find there are specific factors beyond taxes and cost balance that you look for when assessing a new market? 

Not only did we receive significant tax reductions, but the mere act of challenging the assessment locks the valuation in for three years.I'm PMing you with the contact information for the company that helped us in Atlanta!

It assumes that the cash flows are invested at the same rate as the IRR, which is not always the case, but it is one of the metrics used when assessing a syndication. 

I'm fairly confident from reading online we don't qualify for an exemption, but I'm trying to assess actual closing costs to trying and reduce them All details:Bought the house 2.5 years ago for $980K (left on mortgage $753K), we have a clause for an assumable mortgage for me to take over (I can keep same rate).

College STRs are a great idea if you want something small, but I would look for small 2 bedroom SFH over condos just to avoid the potential assessments and condo captains (HOAs).

I’m assuming it was quarterly, but did you also get frank assessments, upcoming goals, etc?

Additionally, the Courthouse Online platform is a helpful tool for property assessment data, including ownership and sale history; you’ll just need your property’s Control Number to get started.The Property Mapper is great for visuals, but it sometimes lags with the latest updates, so checking with the Recorder of Deeds or using Courthouse Online will give you the most accurate information.

Hey guys, I bought a house in South Carolina this year and I was told the value of the house is being re-assessed this year for property taxes.