Sf houses compete with apartments, obviously, so does one use the apartment vacancy rate to assess relative scarcity of available sf rentals?

Ben Bakhshi,You can check on the assessor's website: http://www.qpublic.net/ga/fulton/faq.html The assessed value is 40% of the market value (must appeal to have it corrected).

This allows you to input an address and it will give you a bunch of public records information: tax assessment, owners, address, etc.

., $2,000.00 is standard); and less all past-due payment amounts, late fees, other penalties, unpaid charges or special assessments.

I've also cut the tax assessment by 30% by challenging the assessment thus cutting expenses by about $8000 per year.

I bought the house at 82k conv loan 5% down (78k financed), 30 years @ 4%, tax assessed value was at 160k back in the boom (just for simple reference) right now as a 2/1 I believe ARV to be about 115k, maybe a hair more.

I've been researching wholesaling for about a year now and would love some advice on how to get started.PS I'm sure everybody would like to know how much I actually saved up to better assess what I should do.

Tax assessment is as follows: building 70k+land 65k=135k.

Oh my Johnny, while you have some creative thinking going there, we have some problems.Fair market rents are established at the time the appraisal is done and that is the base line the future lender will go off of, not what you might state, and it will most likely change in 10 years.If your sale price is entered as the balance, a buyer could pay that off at any time over the option period, so that needs to be addressed.The down payment allowed by lender is that amount paid on an option above the fair market rents assessed in the future.

The tenants still there you can't assess the full damage until they leave.450 by 10 is 4,500 monthly X 12 = 54,000LANDLORD paying water is a major concern.