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.

Initial Inspection and Assessment: Document property condition before work begins. 

Speak with the Community Manager, or try to meet with one or more board members to gauge their attitudes on your investing ideas.Very Important:  check to see if there are any current or in-the-works special assessments. 

I’d also advise being cautious with turnkey listings that look overly perfect—they often come with a higher price tag and might not deliver the promised returns.Also, I’d encourage you to really assess property management options.

@Jamaal SmithWas the increase due to local tax increase in rates or due to valuationMost property taxes are increasing significantly as is insurance because of inflation - everything has gotten more expensiveYou can try and contest the assessment and see if it reduces taxes.

When assessing if a property will do well as an MTR, we typically look at similar listings in the area on Furnished Finder, where we find most of our tenants.

You can suggest performing background checks, credit assessments, or offering a higher down payment to mitigate risk.### 6.

I typically provide that as a starting point and then assess my situation/budget for the BRRR/and timeline for my next move with the investment. 

Condos and townhouses also always have the potential of an assessment which can make them unsellable depending on the amount.