John Baker
First Buy & Hold - in the books
19 July 2020 | 11 replies
Will re-examine market value and assess any repairs at that time to determine next steps.
John Baker
Buy & Hold Condo in Norfolk, VA
15 July 2020 | 0 replies
It'll be a few months before we can go in and assess any renovations fully though they are expected to be primarily cosmetic.
Mike Colucci
First Investment Property Purchase Question
17 August 2020 | 16 replies
So county assessments are usually about 20% low.
Dylon May
Purchase What I'm Currently Renting
7 August 2020 | 6 replies
Go get an agent to work with you primarily because the seller is expected to pay for this transaction(this is true in many states, may be not in NC) You will get an experienced person who can help you assess pricing, negotiation and review other matters.
Jennifer McPherson
Selling very unique property. - Sandstone mine
3 August 2020 | 5 replies
Also have to make sure the former mine has not been used for dumping (it is not uncommon). definitely would want to assess potential impacts especially if buyer wanted to change use...
Chris John
Partnership structure question
4 August 2020 | 11 replies
If so, you may want to seriously think about property tax implications to any transfers as well, depending on how low the assessed value is on these properties so as to keep the Prop 13 value and not trigger reassessment.
Account Closed
Purchasing a property from my soon to be mother in-law
3 August 2020 | 2 replies
The property was last assessed around 250k by the local tax assessor.
Andy Zich
Help with structuring a contract for deed, lease option or other
2 August 2020 | 0 replies
Buyer also would pay me $563 in property tax, insurance plus a small stormwater assessment fee for a total of $1400Based on my 15yr loan amortization schedule I will pay the bank $8,608 in interest over the next 3 years.
Tyler D.
Best strategy for a 30+ year buy and hold?
4 August 2020 | 8 replies
You can do drop and swaps which is a tax loophole which attempts to hide the sale from the school boards that try to file claims against the assessed value of your home, you can get a tax abatement in certain areas that will enable you to not have an increase in taxes for a certain amount of time, or you can purchase properties that already have the tax abatement on them.
Mansi Mehta
Property management in Atlanta
28 June 2022 | 7 replies
Do you conduct property assessments?