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15 July 2019 | 5 replies
They will be able to give you information on the legality of the park as well as any grandfathering and provisions you should be aware of as well as any special assessments.
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18 July 2019 | 3 replies
I totally agree with your assessment - I am sure things get tricky when it comes to shared maintenance like roof repair since there are no formal documents and procedures in place.Really interesting that you know some builders and lots available for these.
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16 July 2019 | 4 replies
When you are paying 2 - 3% of your property's assessed value every year instead of .79% like in California, investors are disincentivised to speculate on property because of the cash drag in the form of a higher tax.
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15 July 2019 | 3 replies
Property tax is an important component of due diligence and cash flow calcs so the accurate 2019 tax assessment amount is very important.
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15 July 2019 | 2 replies
So when searching through websites such as zillow i come across a number called the Tax assessed value.
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2 September 2020 | 7 replies
Just my opinion, but I think Daniel is right on in his assessment.
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2 July 2020 | 1 reply
I am helping a local friend to analyze his first deal in Birmingham, AL.For some reason, or maybe because I am searching from out of state we can't find the following information:1) official website to check the current TOTAL millage rate (school, county, local) in the city of Birmingham or actually for any municipality in Jefferson county.2) the county website link where we can find any property current assessed value, owner's address etc.Google keeps kicking me to Birmingham, MI and am getting frustrated :-( If anyone can help with exact links, that would be greatly appreciated!
3 July 2020 | 1 reply
If you're renting by the room, this could be less of a concern.Condo association can raise HOA fees or apply a special assessment at most any time.
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22 July 2020 | 22 replies
It's difficult to assess when to buy or wait; everyone has a different criteria for investing.
3 July 2020 | 1 reply
Hypothetical — If you wanted to reduce the purchase price value of the property you are buying because it is taxed a good 20% over all the other houses on the street (It was the only house used as a rental and I can’t figure out why it would have a assessed tax value so much higher than the other properties) ...