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Good evening BP. I have a question about property taxes. To my knowledge I thought the amount of property taxes paid each year was based on the value of the property itself, and maybe a few other factors but mainly...
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I recently purchased a SFR property near Ft Myers, FL at auction. It was a foreclosure property purchased through a sheriffs sale. I completed a normal title search and upon sale purchased a title policy. I have a cle...
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Hi BP! So I’ve tried several avenues already and I’m actually shocked I haven’t been able to find this info anywhere yet, so I’m turning to the trusty BP community. (Disclaimer: I’m not asking for tax advice, just fo...
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I am preparing to sell my home in Glendora, CA. But I am being given different answers when I ask about selling with a HERO Program Loan attached to a property. My mortgage brokers are telling me that I need to pay ...
I have been reading up on tax liens for awhile. I finally took the plunge, and brought my first one. I focused on single home in Florida. My formula to rank the tax liens is (Assessed Value / Face Value) * (Buildin...
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I recently purchased a 1700 sq ft townhome in Riviera Beach, FL. It's a rental property and currently, it is occupied by a renter. The property taxes for this unit are pretty high, around $4300 per year.Not so long ag...
I'm trying to look up the purchase history of a property I'm checking out in Indianapolis, also wanted to check out the most recent deed recording. After some time of searching I found this: https://www.indy.gov/activ...
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When a property is sold at the Judicial sale is the the transfer tax based on the current assessment or the winning bid amount? Many of the properties I've seen are clearly not worth the assessed value. I did call the...
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Hi BP,I'm looking at an AirBnb rental in the Catskills. I noticed in the MLS listing there's a line item for "Assessors FullMrktVal", which is an amount lower than the listing price. This number is below the tax asses...
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I hate HOA's. I always have. I always will. However, others must love them because they are built. People buy.Question:What are the pros and cons of flipping in an HOA?