The reality is the assessments are correct, but when you do the math based on the tax rate (which in most locales has also gone up) our property taxes on our properties is up an average of over 10%…I know some will say “fight the assessments” but honestly I think some of them may be low (and truth be told I would guess less than 5% if people contest assessments).I am curious, have others started to receive their assessments - and were you in sticker shock?

Because it takes repetition for people to remember things and you have to be top-of-mind when they encounter a potential client for you!

This thread is dedicated to sharing those expensive lessons or mistakes we've encountered in the world of real estate investing.The purpose here isn't to point fingers or bash each other for the decisions we've made.

I don't personally think you need a formal mentor, I would recommend simply asking questions constantly to anyone in the industry you encounter, and with time you will formulate an appropriate plan and goals for yourself.

I encounter many people with strong opinions about the benefits of solar, but none of them can produce hard evidence to support their enthusiasm.

Regarding the sales codes you've encountered, "QC" indeed stands for Quit Claim Deed, which transfers the seller's interest in the property without any warranty regarding the title's validity.

@Nicholas AiolaI encountered a new (I think weird problem).

Search the BP for ADU appraisals to encounter numerous examples.

I'm sure it's a long shot but just wondering if someone has encountered this before.

As a wholesaler, the main problem I've encountered is in locating distressed properties online.