Then prices drop as the only buyers are investors and tenants/LL's generally don't care about the property too much.As to the things to consider when purchasing a condo: I always ask % investors, condo units in arrears on fee's (hint about upcoming distress sales), check HUD online and see if the development is approved and when the approval is up for renewal, check the financials/reserves thoroughly - there is usually a fairly recent engineer report giving live-spans and replacement costs of bigger items, I also ask if they expect any special assessments coming down the pike.I think that about covers it.

Mailers to Property owners whose assessment went way up this year 3.

We were expecting snow yesterdayHopefully it will wait out a few weeksThat way you guys get this project under contractor before new the property tax assessments come outWisconsin property taxes our typically due on 12/31New property assessments somewhere in the 1st quarter of next yearWell Done

Property is assessed at $150,000.00Currently renting for $1,250.00 per month to a great tenant.

The commitment fee is a junk fee, period.The appraisal fee is also a junk fee because he's going to the property and assess the value anyway.

I would NOT trust the current property manager, get an independent assessment.

Make it a goal to acquire 1 property this year and then make an assessment of your returns, time and capital you've got invested into it.

From the photos, it does not appear to be a total subterranean dungeon, as there are windows with sunlight shining through them in several of the photos of the unit.I crunched the numbers and it looks like it could be very profitable, but I am having trouble assessing how much of a detriment it is that the unit is located in the basement.

Brian HoytDid some very brief looking in the area and found these propertieshttp://www.realtor.com/realestateandhomes-detail/4309-Vinson-St_Fort-Worth_TX_76103_M77694-82961http://www.rentometer.com/results/es_IVh0zhttp://www.realtor.com/realestateandhomes-detail/805-Blandin-St_Fort-Worth_TX_76111_M76104-74075http://www.rentometer.com/results/HpWxNIhEhttp://www.realtor.com/realestateandhomes-detail/329-Blandin-St_Fort-Worth_TX_76111_M76440-12201^^ Duplex unit 1 has 2 living rooms, convert to 3bd and profit.http://www.rentometer.com/results/vsBfMvsRI don't know your good and bad areas but from a quick 30 second assessment these properties all get 200+ per unit with you doing PM duties.

The property was assessed at 105K this year.