Patrick Hicks
Supplemental HOA fees
Hi everyone,I bought a condo in San Diego just over two years ago as an investment. Long story short we just received our second supplemental HOA bill in two years time, this one being around 150$. Is there a websit...
Joe Hamner
How would you determine depreciable basis on an all-TOH MHP?
Hi folks,I'm close to getting my first MHP under contract and am trying to understand whether my project will have some of the tax advantages that park owners enjoy due to the 15 yr depreciation schedule on certain i...
Todd Magin
What is the Proper Way to Value "Dual" Quads?
I'm looking at two quads being sold together. Do I valuate them as one 8 unit property based on their cash flow (NOI / Cap Rate) or as two separate quads based on comps in the area?Should I do both evaluations, and t...
Ryan Antista
Property tax due diligence
I'm looking for a reliable online resource to identity the property taxes on specific properties in different states. What websites (paid or free) are people using to look up the property tax history on a project? Sin...
Account Closed
Seller not budging on price
Hey BP ,i know it's been a while since I was last on here, I been trying to get myself together. Well I just took my first step in wholesaling by sending out direct mail pieces and I received a call about 2-3 days aft...
Greg B.
Market Value affect of purchasing below market value
I have a question about multi families being purchased within the same area and its affect on overall market value.If I purchase a multi for $60k with a market value of $100k, another investor purchases a property a b...
Nicholas Morgan
Seller put in new subfloor himself...should I be concerned?
Hello Everyone. I apologize if this isn't the best/proper forum for this question. I currently have a Triplex under contract (technically it's a duplex with a single family home right next door). I had a house inspect...
Alex Cornwell
Got a strange letter from the town about a property I just bought
The letter is from the city assessing department. Inside it contains a copy of the quitclaim deed with a post-it attached to it. On the note it says why I got the property for a value so far below the assessed value. ...
Mario N Dove
Looking to partner with a GOOD CONTRACTOR in Va Beach, Norfolk!!!
Good morning BP,Here I am again, with another problem, however it's a good problem to have. I am a wholesaler in the Hampton Roads area and I have a number of properties I am working; so many such that I can't see the...
Jim Fang
improvement value question
Hi, I bought a rental property in 2018 and am working on tax return with turbotax now. Need to find land value and improvement value and numbers on county assessor's website are shown below. Why there is about ten fol...